Rare Dual Income Property 7km From A Capital City CBD With Options To Create Higher Returns
Property ID: 14649015
Purchase Price $635K
Estimated Rental Return $750 per week
Gross Returns 6.14%
You will have 3 options with this property;
1) Rent the property as a whole (potential rent up to $650 per week);
2) Rent upstairs and downstairs separately (potential rent up to $750 per week);
3) Rent upstairs on 1 lease and downstairs on a room by room basis (potential rent up to $950 per week).
(Please note, the owner pays for electricity and water).
7 Bedrooms with 3 upstairs and 2 downstairs;
Single lock up garage + room for 2 additional cars;
Kitchen upstairs and downstairs;
3 Air conditioning units upstairs and 1 downstairs;
Ceiling fans in all bedrooms;
Views of the city skyline form the upstairs deck;
Median House Price for houses in this suburb is $805K.
Walk score of 78.
Bus stop 200m.
Train station 1.3km.
Several Private and Public schools nearby as well as a number of childcare centres.
Large shopping Centre, Cinemas, Coles, Woolworths, Aldi and Bunnings all within 2km.
4 Hospitals within 6km.
There is a lot of interest in this property so call Matthew Barnes asap on 0430 979 900 for further details.