THERE IS NO STRATA & I only have 4 simple questions!
1. Are you an Investor looking for insane rental returns and the potential to develop in the future?
This property is currently providing a gross rental income of $1,130 per week. That's $58,760 for the 23/24 year from 3 existing dwellings.
- 50 Merrifield is vacant and underwent some renovation, currently on the market for $420 p/w.
- 50 A Merrifield is currently rented for $ 380 p/w expires on 14/1/23 with the tenant expressing a desire to stay.
- 52 Merrifield is currently rented for $350 with a further rent review on the 04 /03 2024 expected rent increase to be $500 p/w.
2. Are you a big or extended family looking for their own space?
This property offers a unique feature of three separate living quarters,
- Consisting of a fully equipped 3 bed x 2 bath single lock up garage with all the modern features you would expect of a 3 x 2 unit.
- On the other side there is a duplex consisting of 2 separate two-bedroom 1-bathroom single carport dwellings.
- This would be ideal for multi-generational living allowing both parents, Adult children or extended family members their own privacy and independence while still being able to live on the same property.
3. Are you looking to buy a HOME and an INVESTMENT at the same time?
- Are you looking for a smarter way to pay down that mortgage without working 16 hours a day or potentially having two jobs?
- Forget about renting out a room to make a few $$ and sharing your home with a stranger.
- By Purchasing this property you can choose which two you wish to rent out, maximising your rental return to help pay that mortgage while still being able to live a fully independent life.
- Again this allows for privacy and independence for all parties while still being able to live on the same property as your investment property.
4. What are you waiting for?
- Simply email me your question and in the meantime, I will send you a video that will show you the property in more detail.
- If you would like a contract of sale please send me all your details.
- Your FULL name/s - along with the best email for each person.
This is such a unique opportunity with so much potential.
Its location allows you to walk to state and private primary and secondary schools, childcare facilities, public transport, shopping, and more.
I thank you for your time and I wish you a great day.
Will.Trainer
Sold