Looking for a property big enough for the whole family?
Are you looking for an investment property that could actually put money in your pocket?*
Looking for High Yield Investment and location?
You simply DO NOT want to miss out on this rare opportunity! Located in the Centre of the highly sought after dress circle of Kardinya’s Somerville Estate is this dual occupancy dwelling.
With a combined rental income potential of $600/week you’d have to agree that these returns are virtually unheard of in Australian Capital Cities, especially given its less than 12km from Perth’s CBD.
The front half of the building is as 2 bedrooms and 2 bathrooms that has been receiving $350/week. With the original kitchen, spacious living with a large master bedroom with en-suite and walk-in robe and even stunning views to the hills this is only the beginning.
The rear half of the building also has 2 bedrooms, 1 bathroom, spacious living and a separate kitchen and bathroom. Currently rented for $250/week.
Although it has been used as an investment property if you knock down a couple of walls you have yourself a home large enough for everyone!
Front half features include:
- Good sized original kitchen
- Spacious living/dining area
- 2 spacious bedrooms
- Large master bedroom with en-suite and walk-in robe
- Ducted evaporative air-conditioning
- Gas heating
- Floating floors throughout
- Rental potential of $350/week.
Back half features include:
- 2 bedrooms
- Spacious living area
- Separate kitchenette and bathroom
- Floating floors throughout
- Ducted evaporative air-conditioning
- Currently rented at $250/week
The location of this property is a paramount feature! Only 300m from the Frederick Baldwin Park and 850m from the Kardinya Park Shopping Centre. Local schools including Kardinya and Samson Primary Schools and North Lake Senior Campus all nearby. And of course Murdoch University and Fiona Stanley Hospital all only minutes by car, there is no better place to invest!
For more information on this property simply copy and paste the link below into your browser;
http://acton-coogeesouthcentral.reawebbooks.com.au/book/35A-Saw-Road,-Kardinya
For further information on how you can secure this rare investment opportunity be quick and contact Richard Carter on 0438 374 255 or richard.carter@acton.com.au now!
*Please note the returns noted in above property description have been based on below workings. Please be aware your personal situation and rent returns may change these figures.
These have been provided as an example only and buyers should not rely on this information solely.
We recommend buyers make their own enquires before making any final decision.
INVESTOR PURCHASE – $650,000
REPAYMENT = $527 per week
Please note that the repayments will be monthly at $2,284/mth due to interest-only.
Allow approx. $28,500 to cover stamp duty, settlement costs and other fees/charges.
Less 10% minimum genuine savings deposit (or equity held in another property) = $65,000
Loan required therefore 88% = $572,000 + LMI (lenders Mortgage Insurance) approx. $12,332 (total loan is $584,332)
Further Disclaimer;
Lender Terms and Conditions apply. Additional settlement Fees and Charges may apply. Weekly loan repayments are interest-only based on the Bankwest Complete Package Investment Loan variable rate of 4.69% (Comparison Rate 5.08%). The estimated purchase price is $650,000 with a minimum deposit of $65,000. The proposed loan amount is inclusive of the Lenders Mortgage Insurance premium from QBE LMI current at the time of printing. All finance services provided by Endeavour Financial Services (WA) Pty Ltd, Australian Credit Licence No. 388594. NOTE: This information is true only for the example given and may not include all fees and charges. This comparison rate is only true for a $350,000 loan amount over 25 years. Different terms, fees, other loan amounts, or loan types might result in a different repayment.