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Rare Dual Income Opportunity (5.5% Return )
This property is perfect for any investor looking for dual income, home owners looking to rent out part of the property to help with the mortgage or family needing teenage retreats/ guest accommodation. This large block (734.6sqm) consists of a 3 bedroom home and a separate air conditioned Studio at the rear of the property. The dual income aspect offers the opportunity to be positively geared - with forecast returns of up to 5.5% p/a.
Situated on the Lake side of Killarney Vale, a short stroll to the picturesque bike and walking paths that frame the southern and eastern shores of Tuggerah Lake. Killarney village shops and Bateau Bay Square shopping centre are minutes away, as are schools, sporting facilities, picture-perfect beaches and the popular Tuggerah Lakes Golf Club.
Main House features
• Split level
• Vaulted ceilings
• Light filled rooms
• En-suite to master
• High clearance carport
• Timber flooring
• Mains gas to property
• Air conditioning
• Potential rental approx. $450 - $470 per wk
Studio features
• Kitchenette
• Separate bedroom
• External laundry/bathroom
• Private access
• Long term tenant
• Air conditioned
• Current rental return of $320 per wk
Situated on the Lake side of Killarney Vale, a short stroll to the picturesque bike and walking paths that frame the southern and eastern shores of Tuggerah Lake. Killarney village shops and Bateau Bay Square shopping centre are minutes away, as are schools, sporting facilities, picture-perfect beaches and the popular Tuggerah Lakes Golf Club.
Main House features
• Split level
• Vaulted ceilings
• Light filled rooms
• En-suite to master
• High clearance carport
• Timber flooring
• Mains gas to property
• Air conditioning
• Potential rental approx. $450 - $470 per wk
Studio features
• Kitchenette
• Separate bedroom
• External laundry/bathroom
• Private access
• Long term tenant
• Air conditioned
• Current rental return of $320 per wk