The phone enquiry code for this property is - 1461
Investment Opportunity - Subdivision Potential - Short Term Rental
This lot has subdivision potential for a 200 to 250 m2 lot, with direct access off Kerun Ct, representing a potential ROI of $250k. The house is also currently operating as a successful 8 guest AirBnb with occupancy of approx. 95% yielding an annual return of $55k plus. Owner will transfer AirBNB account and booking through May (possibly also June) to investor and ensure a smooth transition of the business. House is offered with all furnishings as seen in photographs.
Situated in one of the most sought after pockets of the suburb, within an easy walk to Sherwood train station, this double brick 5 x 1 home, has a sparkling pool and is located on a generous 792 m2 corner block on a quiet cul de sac. There is a lovely neighbourhood park across the street.
The kitchen/meals area has been tastefully renovated and includes a timber kitchen island for informal dining. The bathroom has also been nicely upgraded and has a separate toilet. 5 bedrooms and a generous and bright open plan living/dining room with street and pool views make this a great family home. Adding to the light and modern feel, the home has been freshly painted, throughout. Keeping the home cool and warm home is a ducted evaporative cooler, plus two reverse cycle split system aircon units.
There is potential to easily add a second bathroom under the existing roof structure off the laundry.
Fully fenced and gated, the wrap around garden is shaded by palm trees and is tastefully landscaped with native shrubs and an easy care lawn. The sparkling pool has a generous brick surround and shaded patio/barbecue area. The single carport could easily be converted into a home office, granny flat or extra bedroom.
Natural gas supply to house off street for hot water heating (instantaneous) and gas heating (if required). Instantaneous gas heater ensures hot showers for all Airbnb guests.
Laundry area is securely gated and fenced at rear of property.
Property Code: 230