SOLD BY MIKI PONTING-BOYD - 0439 775 705

Duplex in Andergrove - Perfect Investment Opportunity!

Located in a quiet street in Andergrove, this duplex presents an exceptional investment opportunity for those with a keen eye for potential.

Key Features: Each unit offers 3 bedrooms, 1 bathroom and 1 carport.

Outdoor Space: Each unit offers large, private backyards.

Financial information: Unit 1 is currently receiving $430 per week, with the lease ending in September 2024. Unit 2 is currently vacant, with opportunities to set the rent at current market prices.

Duplex Potential: With two units under one title, this property offers versatility and potential. Whether you're looking to rent out both units for dual income streams or occupy one while renting out the other, the possibilities are endless.

Renovation Opportunity: While the duplex sits on a solid Bessa Block foundation, it does require some renovations to unlock its full potential. With strategic renovations, investors can significantly increase rental yields and capitalize on the potential for long-term capital appreciation.

Investment Potential: Andergrove is a sought-after suburb known for its family-friendly atmosphere and strong rental demand. Renovating this duplex presents an opportunity to capitalize on the growing rental market in the area.

Prime Location: Situated in a quiet street in Andergrove, this duplex enjoys a peaceful ambiance while being conveniently close to essential amenities such as schools, parks, shops (including the new Aldi) and the Wake Park.

Don't Miss Out: Seize the opportunity to invest in this duplex in Andergrove. With its prime location, renovation potential, and promising investment returns, this property won't stay on the market for long.

For more information or to arrange a viewing, contact Miki today - 0439775705.