New to the market is this three unit investment positioned on the high side of a sought after street in Mayfield. A relative rarity, the complex sits on two lots and comprises of a large Federation style home renovated into one x one bedroom and two x two bedroom units, each with its own lock up garage.
Unit 1 - entry is from a full size front balcony with district views into a dining area which flows to the kitchen and large formal lounge area with split system air conditioning. Kitchen facilities are modern with generous cupboard and bench space & stainless steel under bench oven and range hood.
The master bedroom includes a mirrored built in wardrobe and ceiling fan while bedroom two is a good size & looks out to the back yard. Contemporary bathroom facilities are combined with the laundry. A private lock up garage adds value. Currently returning $525 pw.
Unit 2 - is a two bedroom unit with open plan kitchen, dining and lounge capitalising on living space. Split system air conditioning adds to comfort. In the bathroom/laundry you have a full size bath with shower over, vanity & toilet. The generous master bedroom offers a mirrored built-in and a private balcony with district views. Bedroom two has a mirrored built-in. This unit also has a private lock up garage. Currently returning $520 pw.
Unit 3 – open plan kitchen, dining & lounge make the most of the roomy living space. There is an over-sized bedroom with split system air conditioning, mirrored built-in and ensuite bathroom/laundry. A lockup garage adds value. Currently returning $410 pw.
For the astute investor looking for a longer term investment for your portfolio, this is worth inspecting. For buyers looking for a home in a prime position, the design of this property offers numerous options. Convert to a large home with the single unit to rent or return it to its former 1920's glory.
For more detailed information contact exclusive listing agent Allen Reece on 0409 814 400 or speak to the sales department on 4950 2025
