HOUSE & GRANNY FLAT - COMBINED POTENTIAL RENT OF $1,400 PW PROPERTY MUST BE SOLD - AUCTION CLUB PARRAMATTA IN ROOM 26TH SEPTEMBER @6:00PM (Guide $1,350,000) Dual property and income opportunity - let the properties pay themselves off !! Dual rental income from a Main House and a Granny Flat can be a highly effective way to boost your financial returns, pay less mortgage and have 2 properties for the price of 1 FULLY RENOVATED 3 x Bedroom brick Home with a BRAND NEW 3 x bedroom brick Granny Flat. Centrally located in the heart of Northmead this property presents the perfect opportunity for those looking for a dual income investment, to live in one and rent the other or for the large family that wants their independence - parents can live in the rear Brand New Granny Flat whilst the kids live at the front Fully Renovated Home. With the high cost of child care - It's a no brainer. OR Why not live in the Home and rent out the Brand New Granny Flat in the rear for that extra income and to help pay off your mortgage. With additional rent from 2 x homes you may be able to borrow more due to the income these homes generate!! Boasting an updated Fully Renovated 3 x Bedroom brick house at the front and a Brand New 3 x bedroom brick Granny Flat at the rear, this property is sure to tick all the boxes and a MUST SEE!! Situated within close proximity to shops and cafes, local schools and childcare centres, family-friendly parks and easy access to main arterial roads. With so much on offer in what is a tightly held pocket of Northmead, this home is sure to impress. Family friendly in every aspect, large grass backyards, walk to local parks / bushland tracks, local shopping village and quality school / transport options. Dual rental income from the Main House and a Granny Flat can be a highly effective way to boost your financial returns. Renting out both the main residence and the additional granny flat allows property owners to generate multiple streams of income from a single property. Additionally, having separate rental spaces can attract a wider range of tenants, providing more stability and flexibility in managing your property. Main House Features: - Front entrance flows into family room and kitchen, offering an abundant amount of space for the family to enjoy - A renovated kitchen with dishwasher, oven and range hood, renovated bathroom with a standalone bathtub great for kids and an additional toilet in the rear providing a second bathroom to the home with a spacious laundry area. - The yard is low maintenance, level and grass providing a great space for kids and pets + large concreted parking area for your cars, boat or trailer that's all enclosed with a high fence and automatic gate for added security and safety. The Secondary Dwelling Features: - Private and fenced off from the main house with separate meters for your water + electricity so both homes fully independent and all bills separate - Open plan living and dining room, ideal for a family - New kitchen with appliances - 3 X spacious bedrooms each with built-in robes - Well-appointed bathroom with a shower and laundry space - Backyard is low maintenance, level and grass providing a great space for kids and pets. Features of the main house include: - Front porch - Sun-drenched family living room - Spacious kitchen equipped with ample storage and stainless-steel appliances including large bench top space, built-in oven, range hood and dishwasher - 3 x spacious bedrooms with plenty of sunlight - Renovated family bathroom with stand alone bath tub great for kids and a second bathroom toilet - Timber flooring throughout - Split-system air-conditioning - Large level low maintenance backyard with grass ideal for kids or pets - Home is made of Brick Construction - low maintenance as opposed to timber/cladding construction - cooler in summer and warmer in winter Granny flat features include: - Brand New Property is fenced off and security electric gate for added security - Open plan living and dining area - New modern kitchen equipped with ample storage and stainless-steel appliances including oven, range hood and dishwasher - Internal laundry - 3 x large bedrooms, 2 x with built-in robes and has antenna points for TV's to be hung on wall - Family bathroom with shower and toilet - Plenty of parking space - Low maintenance level grass backyard great for kids and pets - Home is made from brick and on concrete slab making it strong and sturdy and low maintenance - BUILT TO LAST not suspended on brick piers/timber cladding walls that require regular maintenance Rent Potential: Main House - $750 per/week Granny Flat - $650 per/week Ray White is excited to present to you this rare opportunity to purchase a dual- income home, generating 2 x incomes that can attract 2 rents, providing cash flow for years to come Ideal for: 1. New home buyers wanting to enter the property market - live in 1 rent the other to help pay off your mortgage 2. Large families - wanting independence with parents living in the rear home and kids close by in front home 3. Investors - buy 1 property with 2 x rents per week - great cash flow 4. Superannuation funds - wanting an investment to generate great returns for many years to come - Granny Flat brand new so great for depreciation schedule over many years Dont delay your decision, call me today for more information or to organise a private inspection. "Ray White Parramatta Group - Parramatta | Oatlands | Northmead | Greystanes, its directors, employees and related entities believe that the information contained herein is gathered from sources we deem to be reliable. However, no representation or warranties of any nature whatsoever are given, intended or implied. Any interested parties should rely on their own inquiries."
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