Sitting on one title, at the front of the block is a 3 bedroom house and behind the house is a 2 bedroom unit. If you are looking for a property with a twist, this may just be the opportunity you have been seeking - live in the house and use the rent from the unit to pay down the mortgage. Alternatively, rent both residences for a strong return. Do you have a need for somewhere for an elderly parent/teenagers to live independently but still be close? With tenants already in place and wanting to stay, the current rental return is $430 per week. ($260 for the house & $170 for the unit). Both properties are solid brick homes and have potential to add value for a stronger return.
The house includes:
- 3 bedrooms - one with built in robes, main with air-con
- Kitchen and dining, good sized laundry
- Air-conditioned lounge plus large family room
- Single car attached to the house
- Spacious covered entertainment area
- Garden shed
The unit includes:
- 2 bedrooms with bathroom adjoining
- Master bedroom is airconditioned
- Open plan kitchen/dining & living
- Spacious lounge
- Garden shed
Located in a quiet street, out of flood, an inspection is recommended to appreciate the value on offer in this unique property. The proximity of services and shopping make this a very convenient location. It is 2.6 km to the CBD, 2.8 km to the general hospital, 300 metres to the bus stop, 1.2 km to Northside Plaza Shopping centre and 3.3 km to Hinkler Central Shopping Centre. A day care centre is 350 metres away. North Primary school is 800 metres and North High school is 500 metres from the property.
The owner is serious about selling and has priced the property for an immediate sale. It's not often a property like this comes on the market, an inspection is highly recommended.