Double the Value with 2 Flats Now, Triple the Value, When You Build the Already Approved 2 Bedroom Granny Flat, Big Block, Big Bang For Your Buck!

Facing North in an elevated position, extremely close to beautiful protected bushland, bike and walking tracks, within easy strolling distance of The Lake and The Esplanade's totally upgraded boat ramp and jetty, the very generous almost 700m² block on its own is ridiculously appealing.

When you add the 2 flats existing accommodation and the dual income from 2 tenants, 1 of whom has been there for an eternity and the other who suggests she'd like to be there for the rest of time, you have a winning combination.

Let's just throw one more magic incentive in, a fully approved 2 bedroom granny flat with North facing deck and carport, an absolute clincher for so many buyers alike!

- Discerning investors will love the triple income & full depreciation potential
- First home buyers can leverage up their borrowing capacity with rental income
- Weekender buyers can use & Air BNB the new granny flat & collect rent as well
- Set up as 2 flats now, both are self contained with separate electricity meters
- Other than the backyard, each tenant has an independent kitchen & bathroom
- Flat 1 has been more recently upgraded, after an old long term tenant vacated
- The bathroom, kitchen, flooring & paint, along with blinds were all refreshed
- Our lovely lady tenant in flat 1 has her entire place looking absolutely amazing
- Super conscientious with a lovely homely feel & looked after it's her very own
- She's protected the new carpet & she's planted out the lovely paved back patio
- There's room for all of her furniture in the living, kitchen, master & front study
- Next door, flat 2 is a bit more original, with a very long term tenant keen to stay
- His motorised scooter glides right in thanks to a back ramp off the back patio
- Like flat 1, he enjoys a sunny front room, where he can watch the world go by
- With a separate lounge, master bedroom, kitchen, bathroom & an outdoor loo
- Largely original, the furniture & decor appearing in flat 2, are not this tenant's
- While he is pretty neat & tidy, it's a man's flat & just not as pretty as next door
- The current owner loved the dual income & future knockdown duplex potential
- Immediately setting up creation of a lovely set back granny flat & third income

Except for the fact our owners have another big project to pay for much sooner than anticipated, they would be hanging on to this as their super fund cash cow for their future, instead it can be your golden ticket!

Dream investment & price point!
Sold Price : $775,000
Sold Date : 2022-03-28


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