Fantastic return currently earning this owner $990 a week gross.
Three keyed villas are quite rare here at Magenta and generally sell quite quickly due to their unique and clever setup.
The beauty of these designs is that they can be utilised a number of different ways to suit one’s lifestyle or income needs.
This property can be used as one whole property or split into three separate rooms as each room can be independently utilised.
Upstairs offers a typical one bedroom apartment with full kitchen, open plan lounge and dining with high raked ceilings, master bedroom, ensuite and laundry. A full length veranda to the back of the property with access from both the bedroom and living area provides a great outdoor living space separate to the rest of the property.
Downstairs offers two more rooms each with their own ensuite, small cupboard for a kettle, toaster and mini fridge and their own outdoor entertaining area.
There is a common foyer when you enter the front door which then gives you the option of going to each of the three rooms, this is how the property can be utilised as three separate rooms.
This property currently achieves rent of $430 a week for the upstairs room whilst the studio style rooms downstairs are achieving $280 a week each totalling $990 a week.
Three off street designated parking spaces are an added bonus and within close proximity to amenities within Magenta and direct beach access.
Magenta is positioned alongside 2.3km of pristine beach coastline with National Parks to either side. An array of on-site facilities including multiple outdoor pools, indoor heated pool, gym, steam room & tennis courts are yours to freely use at your leisure. Magenta also boasts an award winning, private 18 hole golf course for those who enjoy their golf and both fine dining and relaxed bar atmosphere, a perfect place to relax and unwind.
