BIG $1245 weekly rental, can be increased. 2 sunny stunning houses(3bdrm+3bdrm),1 title.
HIGH 3.7% yield (return),when considering this good area average yield of 3.35%.
Repaying loan becomes much easier! To live in one house and rent out the other, it can support loan of $1.09Million or support loan of $1.03Million!(Estimates based on current rate)
Great location!Willow Park Primary school ( decile 9 ). Minutes walk to school, kindergarten, bus stop and local shops. Close to CBD.
675sqm flat land! Mixed suburban (possible terrace house development).
Two stunning houses each with separate power and water meters. Both are of brick and tile, beautiful timber floors, modern kitchens and bathrooms, fully fence yards.
Front stunning house has 3 double bedrooms, 2 lounges, 1 bathroom and 1 kitchen. Floor area is about 100sqm.
At back another stunning house, with 3 bedrooms, 1 lounge, modern kitchen and 1 bathroom. Floor area is about 80sqm.
Factual figures for price index: CV is $1.33M(year 2017) and the land value in CV is only 730K,which tends to be lower than actual, because local 400sqm land sells at 600K.Valuer’s valuation in 2018 was $1.40M and approved by bank. My purchase price was $1.431M in 2018.
Can provide: Title certificate, valuation as at 2018, LIM (new) .
This property has great potential.
Enjoy High rental and fast capital growth.
Or, Subdivide existing two houses.
Or, Terrace house development.
Currently both houses have nice tenants with fixed term till July 2020. They can be flexible by then.
$1,786,000.Neg. Someone savvy and smart as you should quickly secure this rarely-found, high return, big potential property, because, you can clearly see its unbeatable value!
Note: The current furniture may differ from what is shown in the photos.
View by APPT.Contact 0210792016 (Please mention “Lynden sale”).