BIG 1260 rental, can increase. 2 beautiful houses(4bdrm+ 2bdrm),1 title.
BIG 3.75% yield(return)!(average 3.35% in this good area). Loan repay is so easy! To live in one house and rent out the other, can support loan of $900K or support loan of $1.19Million.(Estimate at current rate).
Willow Park Primary school (Decile 9). Both houses sit back from road, fully fenced, convenient to all facilities and CBD.
850sqm land! Mixed suburban (allows for possible terrace house development), SOLID value.
2 beautiful houses: 1 title, separate power and water meters. (In aerial photo, two houses seem connected - roofs only overlap. Houses are not attached).
Front house has 4 bedrooms, 2 bathrooms (includes 1 ensuite), 2 lounges, floor is about 230sqm with double garage. Back house has 2 bedrooms and is about 80sqm floor. Both have modern kitchens and bathrooms.
Factual figures for price index: CV $1.25Million (year 2017), and is far lower than actual, because council missed out recording the value of the bigger house. On council’s website, the value of improvements (buildings) is $240,000, which is, actually, the value only, of the back house. Valuer’s valuation as at 2017 was $1.325M and approved by bank. My purchase price in 2016 was $1,235,000, which was below market-value price, because previous owners had to move to rest home. Hope this information can clarify some possible misguiding.
Available: Title, LIM (new)，floor plan, valuation (as at 2017)
Back house has good tenants on fixed term till July 2020. They can be flexible as per new owners request.
So many good choices for you: Just enjoy BIG rentals and capital growth, or explore the potential of land, or renovate it to make this property more beautiful.
$1,746,000, Neg. Astute you will not want to miss out on this property, with big rental and great location, because you can sharply identify its REAL SOLID value.
Note: The current furniture may differ from what is shown in the photos. Too many photos, so only uploaded some photos.
View by APPT.Contact 0210792016
（Please mention”Coronation sale”）.