INCREDIBLE INVESTMENT

A truly rare find! Council approved dual income property on a huge 753sqm block of land with the potential of a 3rd income also possible.
This incredible investment features a very tidy 3 bedroom tiled roof house, brand new council approved 2 bedroom cabin and the potential of converting an adjoining 2 room sleep-out into a 3rd income producer.

The house is currently rented at $400 pw with great existing tenants who would like to stay on. The lease is close to expiry and current market rent could be increased to $440 pw. The house features a spacious open plan kitchen, separate dining, good sized lounge, high ceilings, air con, tidy modern bathroom and 3 good sized bedrooms all with built-ins.

The cabin is an absolute gem. It features a unique Sydney design, very different from all the local built designs. The huge galley kitchen opens up the air-conditioned living area and the clever inclusion of a 2nd toilet in the separate laundry really opens up the rental market options. The home also features timber-finish laminate floors which are both appealing and low maintenance, perfect for rentals. Set on such a magnificent level block there is plenty of garden area for the tenant. Should easily rent for $350 pw but could attract as much as $370 pw.

With a potential rent of $800+ pw and scope to possibly increase that even further by doing something with the other 2 room sleep-out building, this really typifies an astute, positively geared investment.

Inspection by Open House Only! Hurry - this one will not last. Call Gary Beaton on 0406 564 255 for more information.
Disclaimer: We have obtained all information herein from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.