Legal Home Income+$1260Rental+ Beautiful houses+ Big land+View+ Good location Hillcrest North Shore!
BIG $1260 rental, can increase.New rental appraisal is $1320 to $1400. 2 beautiful houses(4bdrm+ 2bdrm),1 title.Clever buy:2houses at 1 house price!
BIG 4% 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.
2 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 2 parkings and double garage. Back house has 2 bedrooms and is about 80sqm floor and have 4 parkings. Both have modern kitchens and bathrooms.Both houses highly positioned and have view.
Totally 6 bedrooms, 3 bathrooms, floor area 310sqm.
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 August 2017 was $1.325M. This information is to clarify some possibly- misguiding figures.
Available: Title, LIM (new)，New rental appraisal,floor plan, valuation (yr 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.
$1,666,000, 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.
Too many photos, so only uploaded some here.
Contact 0210792016(Please mention”Coronation sell”).