Whether you are taking your first step on the property ladder or adding to your investment portfolio, this property is a must see. Zoned R3 – Medium Density Residential gives you endless potential on this block! There is potential for a subdivision or to build a granny flat, there is also rear lane access. The exterior has recently been painted and that it has been a long term investment for the current owners. Terrific investment opportunity located on an approximately 412m2 block. Side boundaries 50m, front boundary 8.4m, rear boundary 8.2m
Light filled and positioned in a handy location minutes from shops, schools and transport, this home has much to offer.
This home has been split into a 1 bedroom unit and a 3 bedroom unit.
The 1 bedroom unit is very neat and tidy containing polished timber floors throughout, a combined lounge/dining, kitchen with ample storage, fairly large bedroom with shower recess, vanity and toilet.
The 3 bedroom unit includes polished timber floor, combined lounge/dining, neat bedrooms the 2nd with built-in robes, gas cooking in the kitchen, paved alfresco area, separate laundry and a fairly large backyard with rear lane access.
Both units have had long term/ high quality tenants which in return is currently $605 a week. The rent is under market value due to the tenants being long term extremely good tenants.
– Both units have separate water
– Rear lane access
– Zoned R3
– Potential for subdivision off back (STCA)
– Great portfolio investment!