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Old Character and New Charm

Description

This rare opportunity for investors has hit the market in a prime location, close to the Mater Hospital.
Appealing to investors everywhere, this multi-dwelling corner block has the original character high-set house on Diprose street and a modern built house with charm accessed from Lothair Street. Two houses on one title so no Body Corporate Fees and one set of rates (approximately $6,500 per annum)
The newer home is currently set up as an AirBnB and has previously returned an annual income of between $37k-$59k.

The combined current rental appraisal is $580-$650pw if tenanted separately. [1/47 Diprose $250pw-$300pw and 2/47 Diprose $330pw-$350pw]

1/47 Diprose (access on Diprose):
* 3 bedrooms
* Living room
* Large kitchen
* Bathroom
* 1 car accommodation under the house
* Laundry room under the house
* Fully fenced

2/47 Diprose (access on Lothair Street)
* 3 bedrooms – all with built in wardrobes
* Family bathroom with separate bath
* Large open plan kitchen with dining leading to an undercover entertaining area
* Fully fenced
* Single carport
* Study nook
* Internal laundry
* Ceiling fans and air-conditioning throughout
* Garden shed

Call now to make a time to view this exciting opportunity

Property Features
  • Duplex Semi-detached
  • 6 bed
  • 2 bath
  • 2 Parking Spaces
  • Land is 860 m²
  • Toilet
  • 2 Garage