Perfect for Extended Family or Investment - 2 houses on 1 block.
Investment Option
Income:
3 bedroom plus study & ensuite - currently rented for $500 per week
Brand new 2 bedroom - currently rented for $500 per week
Total Income - $52,000 per annum
Outgoings:
Rates - $2020 per annum
Land Tax - $2844 per annum
Water/sewage supply - approx $656 per annum
Management fee's - approx. 8.8% of rent received
Live - in Options
- Reside in the 3 bedroom plus study with ensuite and rent out the brand new 2 bedroom house to subsidise your mortgage.
- Share the two dwellings between extended family. The 2 bedroom home would be perfect as a granny flat or for an adult couple living close to their parents.
Each home benefits from separate, covered parking and small yards to maintain. The 2 bedroom home is brand new and is single level with good insulation (6 star EER) and modern appliances.
The original home has been given a face lift with new carpet and fresh paint.
Whether you are looking for a fantastic investment opportunity or have a family situation needing special accommodation flexibility, these 2 homes on 1 block should be given great consideration.
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