682 Browns Plains Rd, Marsden
$400,000- Bedrooms: 5
- Bathrooms: 2
- Car Spaces: 2
- Property type: Semi-detached
- Property type:
- Floor Area: 0 sqs
- Land size: 1509 sq metres
- Listing type: Sold!
Subdivision Done! Rent $560 p/w! Savvy Investors -This is it!
Returning a total of $560 per week rent for this pair of units and asking just over the $395,000 for the both, grab the calculator and do the maths as you will discover a pretty good deal on your hands! If you have been looking for something for future subdivision and potentially building another, why keep looking when this one has done all the hard work for you already!
No it is not perfect, there are minor things that require attention however as a savvy investor you wouldn’t get too caught up with all of this because most of it is cosmetic, the important part is it is structurally sound and the tenants are quite happy to stay on as is with no work that requires immediate attention.
Sitting on a great 1509m2 allotment in a handy location right next door to the bus stop and close proximity to schools and shops, it should get a big tick for the convenient location. On top of that, the two properties are on separate titles and split evenly on approximately 750m2 each with spacious yard and access to the rear of the property.
Unit 1 is on the left and is a fantastic 2 bedroom home with 1 bathroom, lockable carport that doubles as an entertaining area and a great size living area, functional kitchen with space for dining. The tenants are currently paying $270 per week rent however they are not locked into a lease as it is only periodic however they have express interest to stay on.
Unit 2 is slightly larger in size and boosts a 3rd bedroom. There is 1 bathroom and a lockable garage where both the units meet. The kitchen is also larger and has plenty of room to cook up a storm. The tenants are currently paying $290 per week rent and also on a periodic lease however has expressed keen interest to stay too so the option is there to either renovate the units with the minor improvements or leave it as is and enjoy the return.
Not often found but highly sought after, be quick to call Jess on 0422 88 22 99 for further information.
ADDITIONAL FEATURES
- Fully Fenced
- Secure Parking
- Built-in Wardrobes
- Dishwasher
