What a great opportunity for an investor to purchase this 3 bedroom brick home + two bedroom approved granny flat.
The house is currently returning $390 per week & the granny flat $250 per week. Current total return of $640 per week.
Zoned R2 making this site permissible to apply to Council to build a duplex. (subject to architectural plans & process)
|R&H Suburb Summary||Houses|
|Number of sales||90|
|Median Rental Price||$390 p.w.|
|Change in Rental Rate (5yr)||0 %|
|R&H Suburb Summary||Units|
|Number of sales||13|
|Median Rental Price||$350 p.w.|
|Change in Rental Rate (5yr)||-8 %|