Have you ever come across a home with so much potential in creating different streams of income?
The current owners of the property have fully renovated this home into a huge money spinner and are wanting to sell and move onto other things.
Upstairs you will find the home has 3 bedrooms, modern stylish kitchen with a huge living area, separate laundry and back deck overlooking the fully secured rear yard. The front patio is also very big and overlooks the front yard with plenty of off street parking for multiple cars.
Downstairs has multiple rooms which is currently being used as another 3 bedrooms with its own modern kitchen, bathroom and laundry. There is also a huge open area being used as the living area.
Each level of the home has its own separate hot water sytem, laundry and electric meters. You can see I am describing a huge home that will fit the Brady dunch plus their relatives.
The home is currently rented at a whopping $470 per week. The seller had rented each level of the home privately at $300 each. That’s a massive total of $600 per week. If you were to do this again your weekly return would equate to 8.78%. If you want a better return than the banks are offering then you need to inspect this home. If you want space for all you family or to offer rental space to your friends then you also need to inspect the home.
Features include:
* Huge income stream, this property has multiple potential for the investor and family ns
* Totally renovated offering low outlays for a great return of 7.29%
* Was privately rented at a huge $600 per week ($300 each) equals a huge 8.78% return
* Each level has its own separate water & electricity meter, hot water systems & laundry
* Modern stylish interior open plan design
* Multiple rooms downstairs with its own modern kitchen and bathroom
* Huge air/con living areas up and down with so much space in this very big home
* Front and rear patios offer relaxation areas and entertainment options
* Large fully secured rear yard gives the kids a safe place to play
* Handy to rail, major shopping centre and parks
* Ideal super fund option or take advantage of the space for your family, you can choose
Call Darren to arrange your inspection.