• Image 1
  • Image 2
  • Image 3
  • Image 4
  • Image 5
  • Image 6
  • Image 7

Rasmussen 1003 Riverway Drive

Sold for $323,000

Bed
4

Bath
2

Car
1

  • Property ID 20850416
  • Bedrooms 4
  • Bathrooms 2
  • Carports 1
  • Land Size 809 sqm
  • Air Conditioning
  • Secure Parking
  • Shed
  • Split System

SOLD by Sean Lubbe, Call now for elite service || Dual Tenancy Investing in Riverside || Walking Distance to Recreation and Walking Paths

Boom! A renovated home and a fully occupied granny flat is now on offer to savvy buyers looking for a great purchase, more specifically this one offers a 8.72% Gross Yield with upside potential. That's $570 per week estimated in total and two accommodations that's separated with a full fence. You'll love the idea of this investment (6ft colour bond fencing between properties) and it features side gate access for private living at the rear of the block and full fencing for the front home.

The front home features top to bottom builder renovations that has completely rejuvenated the potential of the property as a whole. The residence features open plan living & dining that flows well into the modern style kitchen. The perfect spot for the family chef and your tenants will absolutely love it. The renovated bathroom is well designed to keep the shower, vanity and to8ilet room separate. This makes it super easy for the accommodated family to get ready for the day. The 3 bedrooms are well sized and feature split system air-conditioning. Underneath the home is plenty of storage and an endless amount of possibilities to close it in for rumpus space and extra entertaining. The fully fenced block is a treat for the kids & pets to play around.

The Rear Granny flat is set to be a clear favourite and previously has been described as an 'affordable bungalow' by a previous agency. This home is on steel stumps and has been offered as a one bedroom low-set that's fully contained. The master bedroom features split system air-conditioning and a large built-in wardrobe. The bathroom is functional and has a separate toilet. The kitchen living and dining area is perfect for a single/ or couple to enjoy easy living. This home even has a private timber deck, and a lockable garden shed.

The local supermarkets, schools and Ross River are all within a short walking distance and is a great driver to strong accommodation demand. This property has always had great demand from prospective tenants eager to be situated right in this immediate area. The current tenant is happy with their accommodation and if that's not an indicator in great value and location, then the appreciation in property values in this area definitely is. Your tenants have the ability to enjoy all of life's pleasures right here. The owners are now looking at selling their assets after enjoying long term success with investments.

Front Home is appraised for $350-$370/weekly (March 2022) and will attract tenants looking to secure a fixed lease needing to be situated in the immediate area.

Rear Granny Flat is achieving $150/weekly (Appraised $180-$200 March 2022) in a fixed lease (exp. April 8th2022) and the gentlemen wishes to remain here for his foreseeable future as he likes his home and what this location offers him.

Be Quick! This investment stacks up well for cash flow and upside potential, we are receiving investment interest locally, out of region and out of state. If you wish to secure this purchase before it's too late, contact Sean 0448 448 163 now!

Features Include:

Front Home
- 3 bedrooms that are well sized and all feature split system air-conditioning
- Open plan living, dining that flow well and lead right to the modern kitchen
- Modern kitchen that features miles of bench space and plenty of storage
- Renovated bathroom with separate vanity shower and toilet room
- Under home secure car parking
- Private yard for both homes, 6ft secure fencing

Rear Granny Flat
- 1 bedroom that is large and features air-conditioning and a large built-in wardrobe
- Functional bathroom with separate toilet
- Tidy kitchen with cooking appliances and plenty of space for storage.
- Private timber deck
- Lockable garden shed

1003 Riverway Drive
- Walking distance to great schools, Ross River walking paths and local supermarkets
- A strategic plan in place for the future purchaser to maximise their investment during ownership and a possible future exit

Be Quick! This is a great opportunity, enquire now and secure your future with Sean on 0448 448 163!

Property Contact

Your Details
Your Enquiry
  1. Please describe how we can be of assistance to you.

  2.  

    Would you like to join our mail list?

Submit