Invest or Nest: Large Family Home with Shed, Workspace, Pool and Solar
Positioned on a large fenced block in an established part of Townview, 8 East Street offers solid value with room for the whole family, inside and out. With multiple living areas, a workshop, a pool, and 30 solar panels, this low-maintenance home has everything you need and more.
Ideal for families, investors or work from home tradespeople, this low-set brick property is move-in ready and packed with practical features.
Key Features:
• Four air-conditioned bedrooms
• Two spacious bathrooms
• Two separate living areas, one with built-in bar
• Large kitchen with gas cook top and good storage
• Freshly carpeted bedrooms, tiled living areas and bathrooms
• Compact and functional laundry nook
• Underground pool with large covered outdoor entertaining area
• Double bay garage + separate single-bay workshop
• 30 solar panels to reduce energy costs
• Solar hot water system to reduce water costs
• 1009m² block - flat, fenced, and fully usable
• Solid low-set brick construction
Investment potential
With a rental appraisal of $650-$700 this property is a great investment.
With a vacancy rate of just 1.3% in Townview and an average rental yield of 7.8%, it provides an attractive option for investors seeking long-term value. Sold as a vacant property, the property offers immediate occupancy or the opportunity to begin generating income right away.
Expenses
- Electricity for 21 October 2024 - 28 April 2025: $73.87
- Water for 1 July 2024 - 31 December 2024: $368.22
- 2024 Annual rates notice: $3802.29
This is a practical, well-maintained property that delivers on space, comfort, and lifestyle. Whether you're upsizing, investing, or looking for a home base with room for tools, toys, and family, this one's worth a look.
Call Abraham Sammut on 0411 399 389 to book your inspection today.
