Looking for a property that can easily generate additional income? Or perhaps self-contained living space beyond the main dwelling? Look no further.
This stylish property is just 18 months old, boasts a 5+ kw solar system, fully insulated walls and heightened ceilings throughout. The three bedroom dwelling with garage and detached studio are returning an astonishing $530 a week – an 8.1% annual return. Lease agreement with MDA (Multi-cultural Development Australia), all but guaranteeing payment through July, with strong interest in renewing lease long into the foreseeable future.
Positioned on a battle-axe block, this property is within walking distance of Northpoint shopping centre as well as the city centre.
Main Dwelling:
3 Bedrooms (all built-in)
Large open plan Lounge/Kitchen/Dining
Main bathroom with shower & bath
Separate toilet
Plank floors throughout for easy cleaning
Iron roof
5000ltr Rainwater tank
Flyscreens on all windows & security screen doors
Single lockup garage with internal access
19 Solar panels, which will cover all of your power usage during the day
Ceiling fans in lounge & master bed
Electric hot water system
Detached Studio:
Combined Kitchen/Lounge/Dining/Bedroom
Separate bathroom
Separate hot water system
Plank floors
Flyscreens & security door
The outstanding rental return, the convenient location, and the low maintenance design make this new property a huge opportunity for the astute investor. Call John or Scott for a private inspection.