Looking for a high-return investment strategy to capitalize on rental demand in a sought-after location? Or a property that offers flexibility for a large/multi-generational family?
This rare find in the quiet, leafy suburb of Oxenford boasts 2 residences on one block!
Potential Advantages:
• Increased ROI: Two rental incomes from one property significantly enhances cash flow.
• Flexibility: Options to live in one house and rent the other house, rent both houses, or live in both houses.
• Improved Affordability: Lower cost compared to investing in two separate properties.
• Convenient Location: Close to M1, Train Station, Tram Station and Buses, Westfield Shopping Centre, Theme Parks, Schools, Parks and Playground.
• Renovate for Capital Gain Potential: Renovate and maximize capital gain potential as well as rental returns.
Features
- Large 4 Bed house plus a 1 Bed fully self-contained second dwelling
- High demand family location
- Move in and enjoy or rent it for approx. $1150 per week
- Renovate to maximise capital gains and increase gross rental income to approx. $1495 per week
- Solid, low maintenance brick and tile construction
- Master bedroom with ensuite and a family bathroom with bath, shower and separate toilet in the main house plus a 3rd bathroom in the second dwelling.
- ample 700m2 block with fully fenced child and pet friendly yard
- 6 minutes drive to Helensvale Train and Tram Station with ample park and ride facilities
- 2 minutes drive to the M1
- 5 minutes drive to Westfield Helensvale
- 3 minutes walk to Little Scholars Childcare and the Village Park Playground
- 3 minutes walk to The Village Park
- 10 minutes to Theme Parks (Wet n Wild, Movie World and Outback Spectacular)
- Proximity to good schools - with a mix of public and private schools, a TAFE College and Griffith University's largest campus, the Northern Gold Coast is home to a variety of educational opportunities adding value for families and property investors alike.
Whether your goal is maximum rental yield (dual rental income) or large family/multi-generational living, trying to get approvals for dual occupancy can be costly, constraint-heavy and requires careful navigation of local zoning laws but at 43 Studio Drive the hardest part is already done with 2 fully self-contained dwellings already on this property!
House Inspections are by Appointment Only:
Please Contact: Caroline Bailes on 0435 291 378 or carolinebailes@jdreproperty.com
