A No Brainer because numbers stack up given the current discounted $1200 p/w rent will most definately soften any mortgage repayment!
Disregard CV! The seller of this home is moving overseas, presenting a genuinely rare opportunity to secure a highly versatile property that combines high rental return, development potential, land banking value and home with income potential - all in one.
What's on offer:
- Land: 716sqm (more or less) of freehold land, zoned Mixed Housing Suburban. Both wastewater and stormwater services are on site, with no known flooding issues. Fully fenced for privacy and security.
- House: Spacious 294sqm (approx.) floor area made up of 7 rooms (4 bed + 3 utility) in total, offering flexible living arrangements:
• Upstairs: a modern kitchen, lounge, 4 bedrooms, and 2 bathrooms
• Downstairs: 1 utility room, a large lounge, generous laundry, a toilet, and an internal access garage (with potential for converting more rooms )- with its own separate entrance
• Extension: 2 additional utility rooms, lounge, and another separate entrance
• Recent upgrades: Brand new kitchen, updated bathroom, some new flooring, and partial fresh paint. A few final touches will make this property truly shine.
Location: Set in a quiet cul-de-sac just a few hundred metres from SH20 motorway on- and off-ramps, offering excellent convenience with a private setting. Close to all amenities and zoned for Robertson Road School and Southern Cross Campus
Who is this home for:
• Home buyers: Ideal for large or extended families needing room to spread out. Smaller families can Live in one part and rent out the rest, with multiple access points providing independence.
• Investors: High-yield potential - previously rented for $1,400 per week. and Healthy Home Compliant
• Developers: Mixed Housing Suburban zoning with on-site services makes this a compelling site for future development.
• Land bankers: enjoy the high rental return while waiting for the land to increase in value.
Don't miss this high yield property with strong potential - the vendor wants it sold fast!