Positioned in the highly sought-after suburb of Lake Albert, this property presents an extraordinary investment opportunity with immediate returns and scope to further enhance value. Offering a main residence plus a self-contained studio apartment, investors will appreciate the strong holding income and future growth potential in one of Wagga's most desirable locations.
- The property includes a four-bedroom family home plus a fully self-contained one-bedroom studio apartment, ideal for generating dual rental income or providing flexibility for extended family
- The main residence features four bedrooms, including a master with walk-in robe and ensuite
- Built-in robes to additional bedrooms provide ample storage
- The updated bathroom with separate toilet ensures convenience
- The studio apartment includes a generous open-plan layout with kitchenette, bathroom, and built-in cupboard
- The main home offers a neat, updated kitchen complete with electric cooking, dishwasher, and excellent storage
- Generous interiors include a front lounge room, dining space, and family living area with slow combustion wood fire
-An undercover alfresco area with built-in BBQ overlooks the low-maintenance yard
- Additional highlights include a single lock-up garage, single carport, garden shed, and inground swimming pool (requiring attention but offering excellent future potential)
- Wall-mounted air conditioning and a slow-combustion wood fire provide year-round comfort
Leasing Details:
- Current rent (main home): $550 per week
- Current rent (studio): $310 per week
- Potential rent: Main home: $580 – $630 per week, Studio: $330 – $360 per week
With a combined potential rental return of up to $990 per week, this property represents an outstanding dual-income investment in a blue-chip suburb.
With strong rental yields, future refurbishment potential, and an unbeatable Lake Albert location, this property is a must-see for investors seeking secure returns and long-term growth.
Council Rates: $2,409.96 per annum
Disclaimer:
In preparing this advertisement, we have used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility or liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should rely on their own enquiries to verify the information contained in this advertisement.
