Situated in a peaceful pocket of Swansea in a quiet cul-de-sac, savvy investors will love this fantastic dual income property opportunity. Comprising two properties including a charming three-bedroom, one-bathroom home and a near-new council-approved two-bedroom, two-bathroom granny flat, this is a ready-made investment offering solid returns and minimal upkeep. With the house currently rented at approximately $650 per week by a long-term tenant and the 12-month-old granny flat soon to be tenanted at around $600 per week, you'll enjoy a combined weekly income of $1,250.
The low-maintenance house offers family-friendly living with three good-sized bedrooms, a bathroom with shower, bath and toilet, and polished timber floors throughout. Adding to the appeal, you'll find an air-conditioned open-plan living and dining area with adjoining kitchen, and a covered deck that's perfect for entertaining or relaxing while the kids play in the private, easy-care backyard.
Fresh, bright and thoughtfully designed for easy living, the modern granny flat features two good-sized bedrooms with built-in mirrored robes and ceiling fans, two stylish bathrooms with dual showerheads, a contemporary kitchen equipped with a gas cooktop, oven and dishwasher, and open-plan living enhanced by hybrid flooring and split-system air conditioning.
Best of all, the location couldn't be more convenient and central. You're only moments away from the shores of Lake Macquarie, beautiful beaches and pristine waterways for an array of recreational activities such as swimming, boating and fishing. Swansea Public School, supermarkets, sporting fields and speciality stores are all within walking distance or a very short drive away, making this the ideal locale for families or anyone seeking a relaxed coastal lifestyle.
Features include:
- Great dual income investment property with combined rental return of $1,250 per week (approx. insurance $3,600 per year)
- Well-maintained 3-bedroom, 1-bathroom home, plus near-new 2-bedroom, 2-bathroom granny flat
- Long-term tenant in main home and new tenant secured shortly for granny flat
- Air-conditioned open-plan living zones in both dwellings with modern kitchens and bathrooms
- Hybrid flooring in the granny flat and timber flooring in the house make cleaning a breeze
- Both dwellings have secure, fully fenced yards and off-street parking spots (including a carport for the main house), ensuring broad tenant appeal
- European-style laundry in granny flat and laundry area off the kitchen in main house
- Quiet cul-de-sac location that's central to everything: 1.4km (3 min drive) to Swansea Public School, 290m (4 min walk) to Padbury Park for sporting events and lakeside strolls, 1.1km (10 min walk) to Coles supermarket, cafés and specialty stores, and just minutes from beautiful beaches, playgrounds and waterways perfect for swimming, fishing and boating.
Outgoings :
Council rates - $2,798 per annum approx.*
Disclaimer:
All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.
