About this property:
Discover a unique investment opportunity with this beautifully converted villa property, now comprising two practical flats, each offering a comfortable living experience.
Property Features:
– Two Flats: Each flat features two bedrooms, bathroom, lounge and kitchen, perfect for independent living.
– Freehold Section: Set on a manageable 577m² (more or less) freehold section, this property provides ample outdoor space while ensuring low maintenance.
– Double Carport: Enjoy the convenience of a double carport, accommodating both flats with ease.
– Prime Location: Ideally situated in close proximity to the city centre, residents will benefit from a variety of amenities just a short walk away, including the Central Energy Trust Arena.
Investment Potential:
– Current Rental Income: Flat one is currently renting for $450 per week, while Flat two commands a rental price of $490 per week, offering a fantastic dual income opportunity for savvy investors with a net rate of return for the current owners of 6.5%.
Don’t miss out on this rare chance to own a property that combines comfort, convenience, and income potential. Contact Sheryn today for more information.
To view a virtual tour of Flat 1, please use the following link: https://my.matterport.com/show/?m=d64kjd1bYEL
To view a virtual tour of Flat 2, please use the following link: https://my.matterport.com/show/?m=Xaxi6agGk7W
Enquiries Over $595,000
Property Information
Lot Size: 557 sqm
Council Rates: PNCC - $5009.83 / Horizons - $501.91
Capital Value: $650,000.00
Tenure: Freehold
ID# PRG7318
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