Redlynch

7 3 5

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.

MAIN HOUSE:
- 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.

GRANNY FLAT:
- 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!



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Information

Property Type: House
Land Size: 886m2

Property Features

Built in Robes Dishwasher Ensuite Workshop Courtyard Fully Fenced Outdoor Entertainment Pool (In Ground) Remote Garage Secure Parking Shed Split System (Air Con)

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