Positioned in the highly desired Gracelands Estate, this unique investment opportunity offers good long term investment prospects with scope to cosmetically improve to enhance yield and capital growth.
Comprising 2 strata titled, freestanding villas, each dwelling offers an extremely spacious living and dining area with office nook, large kitchen with ample cabinetry, 2 generous bedrooms with built in wardrobes, well-appointed bathroom plus separate toilet and reverse cycle heating and cooling. Each villa also has a single lock up garage with internal access, covered alfresco area and enclosed rear yard.
Given that they are already separately titled, an astute investor will realise the future potential these properties have in terms of being able to on-sell separately, whilst enjoying minimal outgoings whilst owning both properties in one line.
Retuning $660 per week at the moment with a strong and long-term tenancy history, there is immediate opportunity to increase this return with some basic updates.
Opportunities such as this don’t come around too often. If you are looking to start or add to your investment property portfolio, this is a prospect that will be hard to look past.
*All information contained herein is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.