A and B/13 Payne Street
Millbank


$799,000

4
4
8

Property Features


Property ID: 3431687

Land Size
1344.00 m2

Ensuite

Twice the Return - Modern 4 Bed Homes on one big 1344m2 Lot


Much better than Bank Interest - up to $820 per week or $42,640 - per annum Rates and Insurance approx. $8624 showing a net return of Approx. $34,000 or 4.25%.

The owners of this stable investment have decided it is time to sell. They built the 2 standalone homes in very handy Millbank, using well known local builders.

Each Home consists of:

4 Built in Bedrooms, Mains with ensuite and A/C
Modern Kitchens with Cooktop, underbench oven and Dishwasher
Open Plan living and dining with A/C, Undercover outdoor area
Double attached remote garages
Fenced allotments - rear home has large backyard
Brick and colorbond - easy access to amenities, close to medical and shopping

*INTERNAL PHOTOS ARE PRIOR TO CURRENT TENANTS ENTRY

Benefits include:

2 Rental incomes with estimated Rental of $400-$410 per week (In current market) per house.
Opportunity to live in one and receive income from the other

The owners are committed to sell and will discuss and interest presented. Call the Exclusive Agent Brant Duff on 0413 136 857 to discuss and arrange a viewing.

DISCLAIMER
The information provided is for use as an estimate only and potential purchasers should make their own inquiries to satisfy themselves of any matters.