House & Granny Flat - Excellent investment
Located within walking distance of shops, schools and parks, this wonderful property is bursting with potential. This home is a must-see for young families, downsizers or savvy investors who want to enjoy the benefits of dual income living.
The main residence offers two bedrooms, one bathroom and a separate lounge and dining space. A separate 2 bedroom granny flat offers the chance to create dual income or have family live just behind.
Boasting a private driveway and entrance, a modern kitchen, open-plan living space and carport, this flat makes for an excellent long-term rental. Lease the flat while you enjoy the main home or lease both residences and enjoy a dual income from one investment.
Renters will love the excellent location close to Lurnea shops, Phillip Park and local schools such as St Francis Xavier, while investors will love the low-maintenance property on offer.
At present the granny flat is rented for $ 350 per week and the house had been rented for $ 365 per week. In total producing an income of $715 per week or $37,180 per annum.
* Main residence with two bedrooms, one bathroom
* Renovated kitchen and bathroom
* Off-street parking for the main home
* Two-bedroom, one-bathroom granny flat
* Private entrance, potential for rental income
* Water $330 p/q
* Council $505 p/q
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