Gross Return - $15,860 & Room to Further Develop Sold!

480 Alldis Ave, Lavington
$204,500
Semi-detached
  • Bedrooms 5
  • Bathrooms 2
  • Car Spaces 2
  • Land Size 1019 Square metres

Description

Solid red brick duplex on a single Torrens Title with potential for further developments at rear (STCA). Land size 1,019 sqm.

Unit 1 current rental return of $145 pw & Unit 2 current rental return of $160 pw - a gross total return of $15,860 pa. (representing a return of over 6%)

Unit 1 features: 3 bedroom - full bathroom, good size kitchen/dining and a lock-up garage.

Unit 2 features: 2 bedrooms, lounge dining, bathroom/laundry combined, lock-up garage.

An ideal investment. Live in one & rent the other OR rent both & have 2 incomes while developing the rear land.

An opportunity not to be missed, this versatile and flexible property is in a quite location easily accessible to the Lavington shopping centre, schools and public transport. This one the three big factors - LOCATION, VERSATILITY & POTENTIAL.

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Location