If you’re looking for a property that is ready to generate an income from day one, 29 Morgan Street is well worth considering.
This renovated two-bedroom home is positioned on a substantial 726m² block and is being offered fully furnished, providing a unique opportunity for an investor looking for a property that can be placed straight into the rental market without the additional expense of furnishing.
The home is equipped with everything you need, including beds, lounge furniture, TVs, fridge and washing machine.
Both bedrooms feature reverse-cycle air conditioning, while the lounge room has a ceiling fan, providing year-round comfort for tenants.
The property is also securely fenced, making it practical for tenants, while the generous block provides plenty of outdoor space.
Investment Opportunity
The property could potentially achieve approximately $550 per week as a furnished rental, providing an attractive income opportunity for an investor.
The property may also suit short-term accommodation/Airbnb-style use, subject to the relevant approvals and requirements.
Large Block With Future Potential
One of the real highlights of this property is the large 726m² block.
There is excellent access to the rear of the property, and the size and layout of the land may provide an opportunity for the new owner to investigate the addition of a granny flat or potentially a second dwelling, subject to council approval and applicable planning requirements.
This gives the property an added element of future potential, allowing the purchaser to explore ways of increasing both the property’s value and future rental income.
Additional Features
• Renovated two-bedroom home
• Fully furnished
• Reverse-cycle air conditioning to both bedrooms
• Ceiling fan in lounge room
• Fridge and washing machine included
• Beds, lounges and TVs included
• Securely fenced 726m² block
• Near-new storage container included
• Excellent access to rear of block
• Potential rental return of approximately $550 per week furnished
• Potential for short-term accommodation, subject to requirements
• Potential future granny flat/second dwelling opportunity, subject to council approval
Whether you’re looking for a straight rental investment, furnished accommodation, short-term accommodation opportunity or a property with future development potential, 29 Morgan Street offers flexibility that is becoming increasingly difficult to find.
A property that’s ready to rent today, with the potential to add even more value tomorrow.
Contact Dotcom Property Sales today to arrange your inspection.
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