Money Maker

All offers presented on Monday 6th June 2022 unless sold prior

This property has everything a great investment should have. Development potential R40, the block is flat, has Colourbond fencing all around and no large trees. Ideally located in a quiet street. Close to Transport, parks, shopping and services.

This neat and tidy 3-bedroom home is situated on a full block of 692m2 which has been renovated within the last couple years. This property would be perfect for a tradie with the huge lock up garage at the rear of the property with drive through access and secure parking for multiple cars and can easily fit a caravan/boat. The spacious living at the front of the home has a split system air con unit & a gas bayonet which flows through to all spacious bedrooms, the modern bathroom & open planning kitchen & meals area. The kitchen is equipped with vinyl flooring, cupboard space and a freestanding oven & gas stove. The laundry is positioned at the rear of the property with a separate toilet. The huge paved outdoor area has a patio & garden shed and a side gate which has drive through access to the rear

Multiple Options here:

1. Keep the great tenant and invest in your future. Currently rented at $380.00 per week with a lease until August and the tenant would love to stay on. At $1520.00 income a month this is a great investment from day 1.

2. Demolish the home and potentially build three new homes on the potential triplex site

3. Retain the home and build at the rear as there is plenty of space for a side/rear driveway (over 4 metres access)

4. Demolish the home in the future and build a large family home

This property is located in a very convenient location in Girrawheen just minutes from the local IGA and Newpark Shopping Centre. With Cafes and restaurants less then 1 Km away. Hudson Park, Blackmore Park, Warwick senior high school and Our lady of Mercy primary school are less than a 5-minute drive away.

Perfectly positioned close to parks, schools, public transport, and easy access to Tonkin Highway you’ll need to come and see it all for yourself.