Two Dwelling Property on a 708m2 block with a combined weekly return currently of $865 pw and about to increase to $1,000 pw.
Huge potential and possibilities for future development with an attractive rental income until you're ready!
This property features-
Front house, 1/96:
Cute cottage built circa 1950's
3 bedrooms, 1 bathroom
Good sized kitchen
Separate dining and living areas
1 car carport
Lease until August 2023 at $450 pw with long term tenants who want to stay on.
Back house, 2/96:
Built 1991
Two bedrooms both with built in wardrobes
Recently renovated bathroom
Big kitchen and large open plan living
Fenced back yard plus garden shed
1 car carport
Tenants moving out by the end of month, current rental appraisal $550 pw.
GCCC Rates- $2,842 pa
Water Rates- Properties are individually water metered with tenants paying all water consumption.
Central Southport location, under 5 minute drive to the beautiful Broadwater Parklands, Southport CBD, Chirn Park and Major shopping centres. Griffith Uni just around the corner & Southport High School a short walk away - Location, Location with big potential!
