Follow the money trail - two rough diamonds on one large title.
With a proven return of over $600pw, this cash-cow investment property offers fabulous flexibility as either a double barrel rental property, home and income or a home with a second dwelling for extended family. Set back from the main road, just a short walk from Kensington Sports Centre, this is a tale of two homes.
The first is a three bedroom home, currently vacant and brimming with potential - offering two bathrooms, a small office and easy conversion for a fourth bedroom. The single garage has internal access and the entire property sits amongst 1973sqm of park like grounds. Set away from the main house in a private world of its own is a tidy one bedroom 'Sunshine Home' - currently tenanted. Completely independent, both properties are separately metered for power and water.
With so many possibilities for the future, this is an exciting opportunity for rental return and/or capital growth. The sellers have made the decision to downsize their rental portfolio, providing you with a chance to grow yours, or get on to the property ladder with a generous mortgage top up from the second income.
We're selling on auction day so make your move.