sold
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1 of 1
Sold Property
$395,000
Vicki Grace AREINZ Harcourts Parklands
Strict instructions from the owners - present all offers!
What once was an original character home, has been converted into two flats and has proven to be a great earner for the current owners for many years. Currently generating combined rent of $500pw from two long term tenancies. Recent rental appraisals on both flats suggest there is potential for more rent.
The Front flat : 1 bedroom, separate lounge and kitchen/dining/second living. (Rental appraisal suggests $290 - $310 per week - dated 20/02/2019)
The Rear flat : 2 bedrooms, open plan living and new bathroom. (Rental appraisal suggests $280 - $310 per week - dated 20/02/2019)
Both flats have been replumbed, newly installed water cylinder, some double glazing and rewiring plus new insulation. They each have their own separate access allowing for both tenants to enjoy a private living environment with manageable grounds.
The location speaks for itself - walking distance to the Colombo Hub where there is an evolving district of elite retail and entertainment establishments. Plus, a range of sought after schools are nearby - Cashmere High, Middleton Grange, St Peters to name a few.
Check out this opportunity that can give you future options and flexibility - sit back and collect rent from both, live in one/rent out the other, home and office scenario, bed and breakfast or convert back to the large family home - the choices are here and all benefit from a central city lifestyle.
Come and view - you will love what this property has to offer.
Current GV: $410,000 - 7 May 2019.
Property ID: #PD4721
Office
Licensed under REAA 2008
Sold Property
Strict instructions from the owners - present all offers!
What once was an original character home, has been converted into two flats and has proven to be a great earner for the current owners for many years. Currently generating combined rent of $500pw from two long term tenancies. Recent rental appraisals on both flats suggest there is potential for more rent.
The Front flat : 1 bedroom, separate lounge and kitchen/dining/second living. (Rental appraisal suggests $290 - $310 per week - dated 20/02/2019)
The Rear flat : 2 bedrooms, open plan living and new bathroom. (Rental appraisal suggests $280 - $310 per week - dated 20/02/2019)
Both flats have been replumbed, newly installed water cylinder, some double glazing and rewiring plus new insulation. They each have their own separate access allowing for both tenants to enjoy a private living environment with manageable grounds.
The location speaks for itself - walking distance to the Colombo Hub where there is an evolving district of elite retail and entertainment establishments. Plus, a range of sought after schools are nearby - Cashmere High, Middleton Grange, St Peters to name a few.
Check out this opportunity that can give you future options and flexibility - sit back and collect rent from both, live in one/rent out the other, home and office scenario, bed and breakfast or convert back to the large family home - the choices are here and all benefit from a central city lifestyle.
Come and view - you will love what this property has to offer.
Current GV: $410,000 - 7 May 2019.
Property ID: #PD4721
Vicki Grace AREINZ Harcourts Parklands
Office Harcourts Parklands Licensed under REAA 2008
If you like what you see, but know you'll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including the recent sales, rental history, suburb insights and more.
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