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House in Mount Wellington
Triple Income, Develop or Live! | #Rick M.
- 7 Beds
- 3 Baths
- 7 Cars
Pivotally located within walking distance to top amenities including Sylvia Park, this flat and fenced 1012 sqm (approx.) block comprising three dwellings already yields attractive income streams. Zoned Mixed Housing Suburban there are long-term possibilities to exploit the zoning and develop further (subject to council consents). Add the entire property to your portfolio or move into the renovated home and manage the two units. Multiple opportunities are on offer here.
**Attention Agents: Bring your buyers! Rick M listings always offer 70/30 Conjunctionals!**
• Unit 1 has two levels and comprises three upstairs bedrooms and one bathroom, while below, a large eat-in kitchen is flanked by a living room and versatile laundry/utility room. Currently tenanted for $460 per week
• Unit 2 has large open plan lounge and dining area open to the kitchen two double bedrooms with wool carpet, one-bathroom, separate laundry, with and this is returning $440 per week
• Unit 3 has been freshly renovated with new carpet, laminates, and curtains. It offers two double bedrooms and enjoys a sunny north facing lounge, separate kitchen, and a bathroom with separate toilet. A rental appraisal indicates $475 -525 per week
**There may be some flexibility if you wish to sell your home before you purchase! Contact us for further info.**
A shed in the back yard is a handy storage facility for garden maintenance. Parking for six cars plus and close to public train and bus transport with motorway ramps nearby for city commuters.
- Heat Pump
- Standard Kitchen
- Combined Dining/Kitchen
- Combined Bathroom/s
- Combined Lounge/Dining
- Separate Lounge/Dining
- Electric Stove
- Good Interior Condition
- Very Good Interior Condition
- Carport
- Off Street Parking
- No Garaging or Carport
- Fibrolite Base
- Block Base
- Fully Fenced
- Iron Roof
- Weatherboard Exterior
- Cedar Exterior
- Very Good Exterior Condition
- Single Storey
- Two Storey
- Urban Views
- Park Views
- City Sewage
- Town Water
- Street Frontage
- Level With Road
- Above Ground Level
- Shops Nearby
- Public Transport Nearby
See all features
- Cooktop Oven
- Extractor Fan
- Light Fittings
- Fixed Floor Coverings
- Garden Shed
- Blinds
- TV Aerial
- Rangehood
- Curtains
- Stove
See all chattels
EDN30566
278m²
1,012m² / 0.25 acres
1 carport space and 6 off street parks
7
3
