Large 235m2 two storey, three bedroom home and one bedroom minor dwelling located on a huge 1014m2 corner site on Great South Road. Lower level of main house could be converted to 2 extra rooms and lounge or extra income as it has a bathroom.
Currently rented for $545pw + $315pw ($860pw) with potential to increase rent to $600pw + $340pw ($940pw) this property provides excellent cashflow.
Great development potential with 1,014m2 Land Zoned Mixed Housing Urban and being a corner site with access from 2 roads. Theres also stormwater onsite making subdivision easier.
* Legal Home & Income
* 3 Bedroom House rented $545pw – could be increased to $600pw
* 1 Bedroom Minor Dwelling rented $315pw – could be increased to $340pw
* 1,014m2 Corner site Zoned Mixed Housing Urban
* Development Potential
Price by Negotiation
Registered Valuation: $960,000
Building: 235m2 House + 36m2 Minor dwelling
Bedrooms: 3 House – 1 Minor
Bathroom: 2 House – 1 Minor
Rental Appraisal: $545pw + $315pw ($860pw or $44,720pa)
Rental Appraisal: $600pw + 340pw ( $940pw or $48,880pa)
Get in touch today to find out more information and to make an appointment to view.
M: 021 182 6547
P: 09 215 6202
- By Negotiation
- Valuation or CV
- Gross Yield
- Rental Income
- 3 + 1
- 1 + 1
- Land Size
- Dwelling size
- 235m2 + 36m2
- Property ID