Description
This lovingly renovated, energy efficient home, is very well suited as an investment property. Commercial returns are possible of 9% gross when rented furnished, room by room to students or professionals, or 6% gross when rented on one lease. This prime central location coupled with a usable floor plan with quality finishes, means that this property will be very easy to tenant.
Other features include:
- Close to 3 metre (10 ft) high ceilings throughout, with polished floorboards in the living areas
- 4 genuine double bedrooms with built in robes and ceiling fans to three
- 2 fully renovated bathrooms with oversize showers, a deep Cesar stone surround bath and a separate toilet
- Clean and modern kitchen with Cesar stone bench tops, quality gas appliances, plenty of storage and a generous movable island bench
- Cosy lounge room with working combustion wood fireplace and gas bayonette
- Tidy European laundry with extra separate linen cupboard
- Great location - Short stroll to the bus stop and local park, 4 minute bicycle ride to Jesmond Shopping village and 7 minute bicycle ride to the University
- Energy efficient home ? means you can keep costs down when renting out by the room. LED lighting throughout and solar hot water system installed. HRV ventilation system installed in 2014 ? worth $4,000 which helps keep the temperature of the house constant and eliminates mould and condensation in south facing bedrooms and wardrobes.
- Low maintenance property ? all the hard work has been done for you and the house has been brought up to standard. New roof 7 years ago, new kitchen, bathrooms, laundry, front porch, back porch, carport re-posted and the list goes on. No expense has been spared!
- The property provides two covered and two stack parks, meaning 4 vehicles can be kept safe off street. There is also plenty of on street parking.
- Set on a generous 605 Sq m block, this level, low maintenance back yard is a shady oasis of established trees, including an orchard of orange, lemon, lime and 2 mango trees
- Furniture can be included in the sale to save the hassles of moving and meaning tenants can move in straight away ready for University Semester 1 2015 in early March.
- Market rent opinion is $500-530 per week on one lease or up to $600-700 for use as a fully furnished room by room rental (after extra expenses that come with room by room letting).
This home is beautifully presented and represents great value for money. Take a chance to inspect Saturdays 10AM-11AM, or arrange a private viewing ? and be totally impressed!
Other features include:
- Close to 3 metre (10 ft) high ceilings throughout, with polished floorboards in the living areas
- 4 genuine double bedrooms with built in robes and ceiling fans to three
- 2 fully renovated bathrooms with oversize showers, a deep Cesar stone surround bath and a separate toilet
- Clean and modern kitchen with Cesar stone bench tops, quality gas appliances, plenty of storage and a generous movable island bench
- Cosy lounge room with working combustion wood fireplace and gas bayonette
- Tidy European laundry with extra separate linen cupboard
- Great location - Short stroll to the bus stop and local park, 4 minute bicycle ride to Jesmond Shopping village and 7 minute bicycle ride to the University
- Energy efficient home ? means you can keep costs down when renting out by the room. LED lighting throughout and solar hot water system installed. HRV ventilation system installed in 2014 ? worth $4,000 which helps keep the temperature of the house constant and eliminates mould and condensation in south facing bedrooms and wardrobes.
- Low maintenance property ? all the hard work has been done for you and the house has been brought up to standard. New roof 7 years ago, new kitchen, bathrooms, laundry, front porch, back porch, carport re-posted and the list goes on. No expense has been spared!
- The property provides two covered and two stack parks, meaning 4 vehicles can be kept safe off street. There is also plenty of on street parking.
- Set on a generous 605 Sq m block, this level, low maintenance back yard is a shady oasis of established trees, including an orchard of orange, lemon, lime and 2 mango trees
- Furniture can be included in the sale to save the hassles of moving and meaning tenants can move in straight away ready for University Semester 1 2015 in early March.
- Market rent opinion is $500-530 per week on one lease or up to $600-700 for use as a fully furnished room by room rental (after extra expenses that come with room by room letting).
This home is beautifully presented and represents great value for money. Take a chance to inspect Saturdays 10AM-11AM, or arrange a private viewing ? and be totally impressed!