Two Separate Dwellings with High Rental Return!!!
Generational Living !! Not very often does an investment opportunity to purchase a two dwelling property become available in such a sort after area of Redlynch. Located in Quiet end of Cul De Sac and in a catchment area with some of the best Primary and secondary schools, beautiful walking tracks for dogs, short drive to spectacular swimming spots, major Shopping Centre and Horse Agistments close by.
- Family friendly five bedroom, two bathroom home with Split system air-conditioning and built-in robes.
- A modern kitchen with wide benches, gas cooking and stainless steel appliances overlooking patio.
- Stylish main bathroom has a separate shower and bath tub - great for small children!
- True entertainer with a dining room and 2 living rooms fully air conditioned with access to outdoor area.
- Lovely private landscaped gardens, fully fenced and double electric gates. Irrigation system to garden.
- Large in-ground pool is private from the neighbours and will keep you cool.
- Rear patio ideal for storing the kids bikes, plus the front patio has a relaxing outlook to the tropical gardens.
- Easy level block has side access for trailer boat or caravan, plus concreted area for more vehicles.
- Double Lock up remote garage with workspace, / bench, sink, side door, storage plus 3 phase power.
- Fully Self contained Two bedroom property with separate access via electric gate, carport and courtyard.
- Modern and well appointed with quality fixtures and fittings. Built in 2015.
- Spacious tiled bedroom with split system air-conditioning and Built-ins.
- Large living area opening onto well stylish kitchen, ample cupboards & benches.
- Washing machine included and located in kitchen, grim safe security door.
- Luxury bathroom with shower, landscaped garden courtyard, clothes line attached.
OPPORTUNITY FOR INVESTORS OR OWNER OCCUPIER:
Current Rent: $610 PW 5 Lomatia & $360 PW 5A Lomatia – Total $970 PW
Rental Appraised: $640 PW 5 Lomatia & $380 PW 5A Lomatia – Total $1,020 PW
Rates: $2,950 approximately per year
Landlord Insurance: $450 approximately per unit - Total $900
Potential Rental Yield : 5.26%
Potential annual rental income: $53,040 (Estimate only)
Complete vacant possession available by end of July 21.
Crimsafe on all doors, full security screened windows, separate Power & Water to flat & house, fully council approved, 100% legal, live one rent out the other!
Open for Inspections