DESCRIPTION
Craig Hyde from L J Hooker Albion Park Rail proudly offers for sale the perfect $$ earning opportunity.
Situated in the heart of Warilla, we have a single level renovated 3 bedroom Brick and Clad home with 2 living areas, 2 bathrooms, rear sunroom, Split A/C along with a carport + plenty of parking.
The 2nd dwelling consists of a spacious 1 bedroom granny flat (approx 2 years old) with brand new split system A/c, which is stunning. This property also has its own parking location.
Currently there is an above ground pool in the rear yard which is soon to be removed and then the backyard will have soil installed and turf layed.
Rental "Potential" = Main House $460PW + Granny Flat $360pw - Total of $820 per week
Current Outgoings:
* Shell Council $1987-
* Sydney Water $ 688-
*Insurances (approx) $1000-
Total $3675- Which gives a net return of $38,965- pa
Which equates to a healthy Rental yield of:
* Purchase price $770k = 5.06%
* Purchase price $760k = 5.12%
* Purchase price $750k = 5.19%
I strongly suggest to check with the bank and run the above numbers to show that this property is positively geared in todays current market place.
" Don't Delay" - Call exclusive Listing agent Craig Hyde on
Reveal Phone or email
Send Message for further information.