5 Mill Street Wycheproof

$435,000

GREAT INVESTMENT PROPERTY - 7% RETURN ON INVESTMENT

4
 
3
 
4
 
DESCRIPTION

SELF CONTAINED UNIT PLUS DOUBLE BRICK VENEER HOME
BOTH CURRENTLY RENTED

* Great location - rentals always sort after in area
* Double Brick veneer home and a separate self-contained 1-bedroom unit
* 3,065m2 (3/4 acre) (approx.)
* Large open plan kitchen/living
* Stylish separate dining area with bay window
* Huge formal lounge area
* Large walk-in pantry
* 3 Bedrooms each with walk in robe, main bedroom with ensuite
* Large bathroom, with separate shower and corner spa
* Massive laundry
* Large double lock-up garage
* Double carport
* Central floor heating/ducted evaporative cooling
* Town water and a 22,000 litre rainwater tank
* Beautiful well-maintained garden
* Great position - walking distance to shops and amenities - 50 metre stroll to park
* UNIT- self- contained 1 Bedroom unit and small study
* Bathroom-shower/bath and separate toilet
* Kitchen/lounge
* Garden area
* Potentially has vehicle access via rear laneway

With rental properties in high demand this is a great opportunity for the astute investor.
* Rent out the home, yielding a generous positive return. The estimated total rent is $580+ per week for the house and unit, which represents ~7% yield.
* Choose the option of renting out either home or unit, and live in the other, with income to contribute to a mortgage.
* Use the self-contained unit for elderly parents that still want some independence.

Why not move in, live life at a better pace and start enjoying living in this beautiful property, nestled in a friendly district and with the benefits and beauty of rural living in the grand town of Wycheproof.

PROPERTY OVERVIEW
Property ID 1P2073
Contract For Sale
Land 1462m2
Bedrooms 4
Bathrooms 3
Carport 4
FEATURES
Built in Robes
Close to Schools
Close to Shops
Close to Transport
Heating
Rural House
SEND ENQUIRY
5 Mill Street Wycheproof
$435,000

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