A rare opening on the market for investors with the opportunity to purchase a duplex property on this generous 830sqm block in a very convenient street in Algester.
With identical floors plans, these smartly presented two bedroom, one bathroom homes are the ideal rental investment. Returning consistent rents of approximately $295 to $300 per week.
- Live in one and rent out the other;
- Live in both units by your family members
- Rent them both out to generate great passive income.
- Buy and manage out of your superfund.
Whatever works best for you, with this exceptional investment, you can watch your property value grow in the long term.
There’s another option too with this unique block. Subject to council approval, you could build a 2 storey unit next to Unit 2, as most other similar developments in the area have this configuration.
Unit 1 is currently vacant and would rent up to $300 p/w. Enter into this home and you’ll find a good size kitchen which flows on to the comfortable and airy living area. Sliding doors from here lead to the exterior garden which is fenced. The addition of a small patio here would be a real benefit.
Each unit has a carport and a garden shed for storage and plenty of parking space in front of the units. The homes are individually metered for electricity and natural gas which serves the hot water and kitchen cooktop.
Situated in a handy location with a short walk to city buses, Algester primary, St. Stephen’s Catholic primary and shopping centres.
At $550,000+ this is serious value with amazing potential for return on your investment. Be quick to inspect!
All information contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.