Welcome to this amazing opportunity in Northam to obtain a spacious duplex style property, placed on a large 1,068 square metre block. Built in 1972, the home is split into two, two-bedroom one-bathroom dwellings. One half (6A) is currently leased at $305 per week bringing in rental income. The other half (6B) is currently vacant. Would you like to move into the vacant half, with the rental income supplementing your mortgage costs? Or, lease out both halves to maximise your investment return! This property presents you with so many opportunities?. Contact our team today!
Property Highlights ? 6A:
? Two-bedroom, one-bathroom duplex half built in 1972
? Approximately ~534 square metres of lot size
? Internal floorspace of approximately ~75 square metres
? Split cycle air conditioning
? Vinyl flooring
? Separate ?studio? space at left hand side of home, lots of potential here
? Currently leased at $305 per week
Property Highlights ? 6B:
? Two-bedroom, one-bathroom duplex half built in 1972
? Approximately ~534 square metres of lot size
? Internal floorspace of approximately ~75 square metres
? Floating timber-look flooring
? De-commissioned evaporative AC
? Separate ?studio? space at rear of lot
Investor Summary:
? 6A Agett Way is currently leased at $305 per week, estimated market rent is $350 - $380 per week
? 6B Agett Way is vacant, with estimated market rent at $350 - $380 per week
? The whole property is on a single title, with a firewall in place between the two duplex halves.
? The roof is asbestos (as are many in Northam)
? The property already has separate electric and water meters
? Council costs are approximately $2,250 per year
? No strata fees
? Combined water service charge of approximately $3,200 per year (across both sides of the property)
Location Highlights:
This property is walking distance to West Northam Primary School, and also nearby St Joseph?s School and Northam Primary School. A short walk to the Avon River is also on the cards! Nearby parks include Morrell Park, Victoria Oval and Bernard Park. Local community spaces also include the popular Northam Recreation Centre, and a range of Churches and Lookouts. As for shops, Woolworths and Coles are both around 5 minutes drive from the home. You will also find lots of caf?s, restaurants and other specialty stores scattered throughout Northam!
Northam is a desirable country town, with a great 'calming' sense to it and is a drawcard for wildflowers, road trips, good views, and cafe's. Why not have this every day, and be able to live your life at the same time? For this Australian town dream, there's no time to waste. Make this property yours today!
Why would you love this property?
? Attractive current and future Rental yield, with potential for two tenancies!
? The existing tenant would like to stay
? Moving in immediately, with the other half currently leased, helps you pay the mortgage while living in the home!
? Ideal for multi-generational family living, or extended family living!
? The potential to retain as ?green title? or transform into ?strata title? is a great opportunity
? Large block with multiple sheds/studio/dwellings and usable spaces!
Contact our team and Adam Bettison on 0409 929 128 to arrange a viewing today!