Duplex Offering Great Returns & More Potential Sold!

480 Alldis Avenue, Lavington
$365,000
Semi-detached
  • Bedrooms 5
  • Bathrooms 2
  • Car Spaces 2
  • Land Size 1019 Square metres

Description

AUCTION Saturday 23rd June 2018 at 11.00 am on-site
1 & 2 /480 Alldis Avenue, Lavington
* Fantastic duplex on a single freehold Torrens Title, with a land area of 1,019 metres, right in the heart of Lavington with room to further develop (STCA)
* Unit One offers a current rental return of $270 per week and Unit Two a current rental return of $160 per week - a gross total return of $22,360 per annum - with room to increase the rent on Unit Two.
* Unit One features include: an updated 3-bedroom dwelling, with full bathroom, new carpet, modern kitchen with Caesar stone bench-top and dishwasher, reverse-cycle heating and cooling, single lock-up garage, with a new 12 month lease
* Unit two features include: 2-bedroom unit at rear with open plan kitchen/dining/living area, single lock-up garage and a good long-term tenant.
* Also on offer is a concept plan to develop the land at the back and build another 2 new town-houses (STCA)
* An ideal investment. You can develop further now (STCA) and reap the rewards OR just rent and forget!!!!!
An opportunity not to be missed, this versatile and flexible property is in a quiet location easily accessible to the Lavington Shopping Centre.
This one has the three big factors - LOCATION, OPPORTUNITY & EXCELLENT RETURNS

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