Turn of the century villa in two flats. One has three bedrooms and two bathrooms, the other one is a one bedroom studio flat.
The expected return on investment is around 6% or more.
The total rental return for both flats is $820.00 per week.
Its human nature to want to transform your environment and make it better. And there's plenty of space and scope to yield all your creative skills with this turn of the century villa just crying out to be loved, renewed and bought back to its former glory.
To this end our owner started renovating this grand lady, starting with having the exterior painted, a new roof installed, in 2015 and 16 further insulation put in, an alarm system, and more.
As befitting the era, you have original native timber floors, high stud, battened ceilings, and bay windows. A tantalising foretaste into what might be the end result if you give her the makeover she so richly deserves. The sunny and private rear section accessed through French doors on to a wooden deck from the three bedroom flat presents a blank canvas onto which you can stamp your landscaping smarts. There is an outbuilding and carport which could be useful storage facilities to possibly utilize while the reno is underway. And plenty of off street parking.
Call Michele to arrange a viewing today