The owner is retiring and after 36 years of hassle-free ownership, it's time for new owners!
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Two dwellings on the one title are both rented for $385pw with an annual rental income of $40,040. Both tenancies are on a fixed term until March and September next year. Both properties are up to the current insulation standards and have their healthy home certificates.
The front property is a Redbrick home approximately 80-90sqm and consists of 3 bedrooms with separate kitchen and living areas. The bathroom is a good size, and there is also a separate laundry. There is a north-facing grass area that is fenced off from the front yard which could make for a great outdoor area off the lounge.
The back unit is a permanent material, concrete block on a concrete foundation, and has been maintenance and hassle-free for years. This property has three bedrooms, open plan living and kitchen area, a built-in laundry in the entranceway, and all three bedrooms have built-in robes.
Both properties have the scope to add value easily. This is the perfect platform for either those looking to get into their first investment, add a solid performer to the portfolio, or host large or extended families!
Alex from People & Property looks forward to discussing the property or seeing you there soon.