Casino
44 North Street
Sold
5
2
3
Property Features
- 20776213 Property ID
- 5 Bedrooms
- 2 Bathrooms
- 1 Garage
- 2 Carports
- Land Size 1141 Square Mtr approx.
- Air Conditioning Yes
- Courtyard Yes
- Fully Fenced Yes
- Hot Water Service Electric
- Split System Yes
Property Description
With a gross yield rental return of nearly 6%, there is really no need to say anything else about this investment opportunity, except it is a no brainer !! However..., The house sits on a 1100sqm block, within walking distance of the shops and schools of Casino and has been divided into a three bedroom unit and a two bedroom unit, providing excellent rental returns. Unit 1 has three bedrooms, and has a functional kitchen with electric stove/oven along with a neat and tidy bathroom, with separate toilet. The unit has its own laundry and has a yard size of approximately 600sqm. The unit has a rental return of $280 per week with almost a 100% occupancy rate. Unit 2 is a two bedroom unit, with a 156sqm attached yard. This unit also has a weatherboard LUG and is fully fenced and separate from unit 1. This unit is rented for $130 per week with a long term tenant in place. Additionally because it is such a large block there is also the opportunity to add further rental properties onto the allotment. (STCA) Additionally if you want to live in the house yourself, you could have a large 4/5 bedroom home on a large block close to town !!
