Opportunity knocks with this fantastic property which already provides excellent returns and room to build another two duplex’s. This property will appeal to the astute investor, property developer or extended families that wish to share a property and be close to each other.
The property is located in a top location and has dual access from Oliver Avenue and Hayes Street, only a short walk to Goonellabah shops, Aquatic centre, transport, local schools and churches. Presently there are two duplex’s which are extremely spacious, featuring three bedrooms, modern kitchens, large air-conditioned living rooms , Single lock up garages and good size fenced yards. The homes have been well built and are in excellent condition, being of brick and tile construction, they have been well maintained.
The BONUS for this property is there is enough land to build another two! Currently the two homes are set on one half of the 1942m allotment leaving plenty of space to develop the other half. Strata the units and sell them off individually or maximize your investment portfolio.
Currently the two homes are returning $620 a week with secure well qualified tenants in place.
The current owners are investors and are serious about liquidating this excellent asset.