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An investment opportunity with immense potential nestled in the highly desirable area of Svensson Heights.
This property offers not just one, but two homes on a single title, each with its own separate access and metering.
This is a prime location for investors or those seeking a dual living arrangement, strategically positioned close to schools, shops, and just a convenient 5-minute drive to the CBD.
3 Bedroom Dwelling Features:
- Sunroom upon Entry
- 3 Bedrooms all with Fans and Built-ins
- 1 Bathroom with Shower and Bath
- Separate Toilet
- Large Lounge with Air-con
- Open-plan Dining/Kitchen with Electric Cooktop
- Polished Timber Floors
- Security Screens Throughout
- High Clearance Double Carport
- Established Gardens & Fully fenced.
Currently tenanted until November 2024
2 Bedroom Dwelling Features:
- Approx. 5 years old, presenting modern living spaces.
- 2 Bedrooms with Built-ins and Ceiling Fans
- Spacious Open-plan Lounge and Dining Area
- Modern Kitchen with ample storage and electric cooktop
- 1 Bathroom with shower, toilet, and vanity
- Laundry nook for added convenience.
- Covered Outdoor Deck, Ideal for BBQs and Entertaining
- Small yet functional yard, fully fenced for privacy.
- Garden Shed for additional storage.
- Double carport
Currently tenanted until July 2024
With both properties currently leased, this presents an immediate income stream for savvy investors. Additionally, the separate metering and access ensure privacy and independence for both tenants.
Whilst the combined rent is only bringing in $625 per week due to long-term tenants, once the tenancy agreements have expired you would be able to put it up to the market value which currently would be approx. $500 per week for the 3-bedroom dwelling and approx. $450 per week for the 2-bedroom dwelling.
The potential gain is huge.
Whether you're looking to diversify your investment portfolio, secure a dual living arrangement for extended family, or capitalize on the burgeoning rental market, this property in Svensson Heights offers a myriad of possibilities. Don't miss out on the chance to make this exceptional investment yours. Arrange a viewing today and unlock the potential of this prime real estate opportunity!
Contact Michael Dempsey on 0417 605 755.
**Every effort has been made to verify the correct details of this marketing although, neither the agent, vendor or illustrator takes any responsibility for any omission, wrongful inclusion, misdescription or typing error in this marketing material. All interested parties should make their enquiries to verify the information and satisfy any concerns they may have. All fixtures shown may not be included in the sale & questions must be directed to the agent. All information that is intended to be relied upon should be independently verified.**