Here is your opportunity to secure an exciting triple income investment just 50m to Griffith's CBD and retail strip Banna Avenue.
The location and property will be incredibly popular as long term or short-term accommodation with flexible zoning that allows for residential and commercial uses.
Enjoy a strong income now and look to the future with excellent opportunity for multi-level development.
Set on 992.74 sqm and featuring three separate income producing dwellings with the bonus of front road access plus rear lane access.
The house is accessed via Kookora Street from a private driveway and sits on a private yard, fenced and secure. Fully renovated this double brick home comprises 3 large bedrooms, bathroom, and entertaining deck upstairs. On the bottom level is the lock up garage with internal access, huge laundry with storage, office/guest room, kitchen, dining, and lounge room. Potential income on long term lease $500 per week, this property would work well as an Air BnB or commercial property for improved income opportunity.
Accessed from Daines Street is the duplex of 2 x two bedroom's including carport and detached lock up garage with common driveway.
The Studio comprises 2 bedrooms and open plan living/amenities with separate bathroom and detached lock up garage. It has been fully updated and currently earns $300 per week.
The unit comprises 2 bedrooms, laundry, bathroom, and open plan living area with double carport. Fully updated and currently earning $300 per week.
* Land Area - 992.74m2
* Zoning - B2 local centre
* House 3 bedroom + office, 2 level brick and brick veneer
* 1 x 2-bedroom unit, 1 x 2-bedroom studio, shed, garden shed
*Proposed rent $1,100 per week
(house $500pw, Studio $300pw, Unit $300pw)
*Home fully renovated
*Studio fully renovated
*Unit fully renovated
Ideal as multi income investment, alternatively live in the house and rent the 2 units for an income or potentially use the home as short term rental with permanent leases on the units.
