Nestled in a peaceful, tree lined street, this property offers a standout investment opportunity. Boasting a council approved, fully self contained studio granny flat with a rental return of approx $550 per week, this dual income property is a smart choice for investors or families seeking flexibility and additional income.
In the main home, you'll find three generous bedrooms, including a main bedroom with a walk-in robe and private ensuite. With two separate living areas this home provides plenty of space to relax or entertain. The modern kitchen, complete with a dishwasher, breakfast bar and gas cooking, is both stylish and functional, making it perfect for everyday living. Polished timber floors add character and warmth, while air conditioning and ceiling fans throughout ensure comfort all year round.
Step outside and enjoy your mornings on the front deck overlooking beautifully landscaped gardens, or unwind on the spacious back deck, perfect for entertaining with a BBQ or evening drink.
The Separate council-approved 1-bedroom granny flat, features an additional bathroom, modern kitchen, open plan living and complete privacy.
This property's location is equally impressive, situated in the desirable area of Upper Chirn Park and within a record breaking, character filled and favourable street. Walking distance to local schools, shops, cafes and restaurants of Chirn Park, Broadwater and the Broad walk. Musgrave Hill Bowling Club, Sharks Football Club, the University Hospital and Griffith University is only minutes away.
Additional Features:
- The separate granny flat has a rental return of approx $550 per week, providing fantastic income potential.
- Fully fenced 607sqm block with lush gardens and greenery.
- Large double remote controlled garage with extra storage space beneath the house.
- Modern kitchen with stunning pendant lighting and polished timber floors.
- Expansive rear deck designed for entertaining.
- Air conditioning and ceiling fans throughout.
- Council rates: Approx. $2,778.56/year
- Water rates: Approx. $1,442.88/year
- Approx rental return for the main house - $790.00 - $840.00 per week
- Approx rental return for Granny Flat - $550 per week
- Current Lease in place - $800/week. Lease start date - 02/08/24 -
Expiry 31/07/25
Whether you're an investor seeking a strong rental return or a family looking for a home with added flexibility, this property offers a rare opportunity. Contact Jesse Willcox today for more information or to arrange a viewing.