High Yield Investment. Dual Income!
Attention all astute investors, this dual income investment opportunity offers high yields and opportunity to increase further. The street frontage property offers 3 bedrooms plus single lock up garage. The rear dwelling consists of a recently added two bedroom granny flat with all modern tones. An off street parking space is part of this property also. Internally, the front home possesses high ceilings, split system air-con, lovely timber polished floors. Both properties include modern kitchens and functional bathrooms.
Market rental income is estimated to be in the vicinity of $1,230pw. This could equate to a possible return on investment of approx 6.09%. Located in a central and accessible location to neighbouring infrastructure such as Cardiff shopping precinct, Local Schooling, Warners Bay Lake Foreshore, Newcastle City Bypass and Cardiff Train Station. In addition, convenient proximity to neighbouring Westfield Kotara and Charlestown Square.
Buyers who are wanting to secure high yield income opportunities should immediately enquire!
Zoning: R2 Low Density Residential
Land Area: 632sqm approx
Council: Lake Macquarie
Land Rates: $2689pa approx
Water Rates: $949pa approx
We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos maybe digitally edited and include virtual furniture.
Features
5 bedrooms
2 bathrooms
directions_car2 carspaces
1 open car space
directions_car1 garage space
0 m² floor area
crop_free632 m² lot size
cottageDuplex Semi-Detached
Happy sellers in Cardiff South
95%
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95% of sellers in Cardiff South reported that their sale price either exceeded or met their price expectations.
Cardiff South stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 14 reviews in Cardiff South over the last 12 months.
Local market activity for 5 bedroom duplex semi-detached properties in Cardiff South
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