Dual Income; House + Council Approved Granny Flat
Property ID: 14507655
Purchase Price $590K
Rental Estimate $700 per week
Gross return 6.1%
Located in a high demand region this house has 4 Bedrooms upstairs with a Council approved 2 bedroom Granny flat downstairs. Electricity and Water has been separated. The Granny flat is currently tenanted at $300 per week while the main house could be rented for approximately $400 to $450 per week (it is currently owner occupied). Being situated in an area with less than 1% vacancy rate there should be no problem finding a suitable tenant for the main house.
Upstairs has 4 Bedrooms, 2 Bathrooms including an en suite, 2 Living areas, an outdoor Deck, Media room and Solar panels.
Downstairs has 2 Bedrooms, 1 Bathroom and a Rumpus room. It has been Council approved and has separate electricity and water.
This property is walking distance to bus stops, 3.4km form a Major Shopping Centre which is about to undergo a $150 million upgrade. There is a large Industrial Estate 3km from the property which provides thousands of jobs. Wonderful beaches are just a 5 minute drive as are great Cafe's, Restaurants, Take away outlets, Schools and Supermarkets.
A 10 minute drive will get you to 2 more major Shopping centres, a Public and a Private Hospital, Cinemas, University campus (with plans to expand), 2 TAFE Colleges, dozens of Restaurants and some of the best beaches in the world.
Call Matthew Barnes on 0430 979 900 to secure this property.