Invest, Renovate or rebuild – Reap The Rewards
Perfectly located in a highly sought-after pocket of Carina this post-war home offers the perfect blend of opportunity for a range of Buyer.
Owned for over 20 years as an investment, this well maintained property offers the perfect purchase for investors with an excellent tenant already in place.
For the buyers looking for a blank canvass to renovate or remove the existing home and build a new home; here’s the chance, with a level 610m2 block, excellent fencing and a generous 17.5m frontage.
Some of the many features include:
– Spacious combined lounge & dining room
– Beautiful hardwood timber flooring
– 3 great sized bedrooms
– spacious kitchen
– well maintained bathroom
– internal laundry room
– tiled roof
– single Carport
– North facing 610m2 block 17.5m frontage
– 7km radius of CBD
– Mayfield Primary & Whites Hill College catchment
– Lease is on a periodic basis
– Tenant has been in the property for 8 years
– Council Rates approx $488 per 1/4 for owner occupier
– Expected Rental Return approximately $430 per week
Position is everything in Real Estate and this property is in a fantastic location. The immediate area is full of high end renovations or brand new character & contemporary homes being built. Walk to St Martins Primary School & San Sisto Girls College. Westfield Carindale and the north and south bound entries of the Gateway Motorway are only a few minutes drive away as well as an ever growing range of café’s, restaurants and child care centres nearby.