Set in one of Maydena's most convenient township positions, this renovated and currently tenanted home presents an excellent opportunity for investors seeking immediate income, as well as future owner-occupiers looking to secure a well-located property in this popular adventure hub.
Previously withdrawn while insurer-led remedial works were completed, the property has now been professionally restored and refreshed, including new carpets and repairs to the kitchen and ceilings following a burst water pipe. The result is a neat, comfortable and low-maintenance home ready for its next chapter.
Inside, the home offers a practical open-plan kitchen and living area, with a breakfast bar creating an easy everyday connection between the spaces. The modern kitchen and bathroom are both functional and well-presented, while a large freestanding wood heater, reverse cycle air conditioner and quality insulation provide comfort throughout the seasons.
Positioned on a flat corner block, the property also features established hedging, lawn areas, a garage and a separate garden shed, adding excellent everyday practicality and storage.
For investors, the property offers strong rental appeal with a possible gross return of approximately 6.24%, subject to rental assessment and final purchase price. For owner-occupiers, it provides an affordable foothold in a growing lifestyle location known for mountain biking, outdoor recreation and its relaxed township setting.
With the vendor motivated and the property priced to meet the market, this is a strong opportunity to secure a renovated Maydena home with both lifestyle appeal and investment potential.
Disclaimer
All information has been supplied by the vendor and/or third parties and is provided as a guide only. Derwent Real Estate has taken reasonable care in preparing this advertisement but does not guarantee the accuracy, completeness or currency of the information.
Any rental return or yield referenced is an estimate only and is not a guarantee of future income or investment performance. Prospective purchasers should make their own enquiries and seek independent legal, financial, building, pest and planning advice before entering into any contract.
Derwent Real Estate accepts no liability for any loss arising from reliance on this information, to the extent permitted by law.
Property information has been prepared with reasonable care using information available to Derwent Real Estate, including material supplied by the vendor and third parties. It is provided as a general guide and may require independent verification. Measurements, areas, distances, floor plans and illustrated boundaries are approximate. Any rental estimates or development potential are indicative only, are subject to relevant conditions and approvals, and are not guarantees.
Prospective purchasers should inspect the property, make their own enquiries and obtain independent legal, building, pest, planning and financial advice appropriate to their circumstances before entering into a contract. Sale inclusions and terms are governed by the contract. Nothing in this notice excludes rights or obligations that cannot lawfully be excluded.
