The owner is motivated to sell this property and therefore have instructed me to present all offers above $199,000.
- Large (approx 68 sqm) one bedroom dwelling included with sale. - Full length front verandah (could be built in for extra living space (*STCA). - Double carport accommodation. - Separate patio area plus lockable shed. - The large 1,023sqm allotment has potential for dual occupancy approval, which means you could live in or rent the existing 1 bedroom dwelling whilst building another brand new dwelling on the remainder of the land, POTENTIAL PLUS $$$$. - Close to schools, shops and public transport.
Current rental appraisal = $220-$240 per week, however if approval was given to build a new 150sqm house (approx $150k) you could achieve an other $320 per week. Estimated total outlay of $350,000 for a $560 per week return (WOW, that's 8.3% return)
The home is currently occupied and 24 hours notice would be appreciated prior to inspection, so please contact us today to arrange your private inspection.