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
Disclaimer:
Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.
