94. Fern Parade, Griffin

Property ID: 1P0421

$549,000
  5   3   2
Type
House
Contract
For Sale
Inspections
Sat 29th of Feb
10:30 AM - 10:45 AM
Land Size
486 sqm
Garage
2
 

Unique 5 bed Home Or High Yield Duplex Investment

Located in a quiet street in sought after Griffin, this property has a multitude of uses:

1. Large 5 bedroom family home with dual living for the kids or the grandparents to have their own space;
2. Live in one side and rent out the other;
3. Rent them both out for $650 to $675p/w combined, for a high yield cash flow positive investment returning over 6% per annum with 2 income sources, minimising vacancy costs between any change in tenancies.

The property is in a great central location close to public transport, schools, train station, cafes, Westfield Shopping Centre and the Bruce Hwy.

Features:
- Two bedrooms with built ins;
- Open-plan living and dining area;
- Modern kitchen with stone bench tops and quality appliances;
- Air Conditioning;
- Ceiling fans throughout;
- Low maintenance;
- Single lock up Garage;
- Rental estimate $300 to $315p/w

Features:
- Three bedrooms with built ins, master features ensuite & walk in robe;
- Open-plan living and dining area of the kitchen;
- Modern kitchen with stone bench tops and quality appliances;
- Separate Formal Living area;
- Air Conditioning;
- Ceiling fans throughout;
- Low maintenance;
- Single carport;
- Rental estimate $350 to $360p/w

The property is freehold with no body corporate fees and on 1 title so only one set of council rates. They are also individually metered for water and power for each side, so tenants are responsible for their individual outgoings.

If you have been looking for that perfect investment opportunity, or a home with options for now or the future then this could be the one for you. Motivated sellers instructions are clear, and this property will be sold.

Check for inspections times, or contact Lee Dwyer to arrange a private inspection.

*Images and sizes are indicative only.*