MUST BE SOLD!!
Appealing to astute investors and first Home buyers alike, this property offers many options and whatever you decide to do with this property you can not go wrong.
The existing property offers internally 4 comfortable bedrooms with two ensuite, third seperate common bathroom, three living areas and two kitchens. Externally it offers large undercover outdoor area and a massive lock up storage shed with easy to maintain garden.
Option 1 : Buy one get three!!!
The current owner has done all the hard work to get approval from the council to very cleverly convert the existing house into three seperate 1x2bedroom and 2x1bedroom units without changing the existing structure of the current home. If you choose to spend a bit of money to do the conversion there is potential to subdivide and sell the three units to make a quick profit or rent them out individually and achieve $750 plus per week positive cash flow rental in a high demand suburb.
Option 2 : Buy one get two!!
Existing floor plan has two seperate kitchens and can also be easily used as two seperate units for extended family or to live in one and rent out the other to pay off your mortgage quicker.
Option 3 : Buy your future!
Property is currently rented for $380pw and with a little bit of cosmetic improvements there is potential to improve this to $420pw and unlock the potential of the 720SQM large block in the future.
The property is located in a quite court location close to schools and less than 5 minutes from Werribee plaza shopping centre.
Call now to learn about the profitable opportunity in a sought after location.
Open for Inspections