Situated at the end of a cul-de-sac, we present this fantastic opportunity. With two homes on one block, you can live in one and rent the other, or just rent both and reap the rewards right away! Properties of this configuration are seldom listed for sale and this one has only become available is because the owner is reluctantly downsizing.
A possible 6.5 to 7.0% return with two homes on the one property. Similar to a duplex setup, with one side having a couple extra bedrooms, constructed of solid concrete block, and almost tenant proof, this is an investment opportunity to seriously consider.
Both homes feature concrete block construction, are fully security screened with modern kitchens and open plan living areas which are tiled throughout, and separate hot water systems.
- 3 bedroom, 1 bathroom main residence
- All concrete block construction
- Open plan dining, kitchen and living areas
- Tiled living areas, carpeted bedrooms
- Cool breeze-way / BBQ area
- Additional 1 bedroom fully self-contained granny flat
- Both fully security screened
- 900m2 fenced allotment
All this on a fenced 900m2 allotment, still with plenty of backyard for the kids or a shed, this property is perfect for a family who want to keep grandma and grandad close by, or a large family with a couple of independant young adults starting a family of their own. Additionally, investors may look at residing in the main residence and renting the granny flat, or what about a double rental? The options are endless.
With quite a large target market, and a recent price reduction, this unique property wont last long, so book your inspection today, call EXCLUSIVE AGENT Remo Esposito at Sibi Girgenti Real Estate.