Sold

INVESTORS NOTE - 2 RENTAL HOMES FOR THE PRICE OF 1

Presenting an excellent opportunity for investors, with two homes on one title on a 2,103m2 allotment with front and rear access, earning a combined minimum rental return of 6.5% per annum.

Deceptively large, the main house comprises 3 bedrooms, bathroom, 2 living rooms plus a meals area adjoining the kitchen. An internal laundry, multi-purpose room, all weather alfresco and garage complete the home. Currently tenanted until April at $200 per week.

The second home consists of 1 bedroom, bathroom, open plan kitchen/living, internal laundry and patio. Currently tenanted until August at $150 per week.

The blocks are large enough to build further dwellings behind the existing residences (subject to Council approval), with street frontage to Victoria Street. Plans for additional homes for the vacant land have already been drafted but are yet to be submitted to Council.

Positioned close to shops, schools, sporting facilities and the hospital, this rare investment opportunity is not to be missed.

Disclaimer: All care has been taken in compiling these particulars, but the vendor and their agents do not guarantee the details and cannot accept responsibility for errors or misdescriptions if any. Intending purchasers should satisfy themselves as to the correctness of details.

4 2 1 2,103 m2
Address 38-40 Henty St East, Culcairn
Price SOLD for $250,000
Property Type Residential
Property ID 2036
Category House
Land Area 2,103 m2

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Brendan Lee

0455 889 998
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What our clients say

Brendan was fabulous to deal with. He's the most personable agent I've ever encountered and was helpful from the first meeting, and the whole way through.

Lisa Laidlaw

Brendan has good knowledge of the market and presents it clearly and concisely. He usually got back to me in good time if I called, but I particularly liked his friendliness and genuine interest in my...

Terri Disher

Brendan has been involved in both the buying and selling of two homes over time for us. His knowledge and understanding of the market is excellent. We would not hesitate to ring him again should we ever...

Cathy Mann

Hi Meg, Brendan & Mandy, Many many thanks for your patience & trust in me through this long process of renting & buying 2 Victoria.  I am so so grateful that this special home is now mine....

Kirsten Drew

From first phone call, inquiring about a property, to final hand-over of keys, Brendan was the consumate professional. Nothing was too much trouble for Brendan and it is rare these days to come across...

Ian Brockett