A PROPERTY TOO GOOD TO MISS OUT ON!!

55 Kerria Road is situated on an approx 696 sqm block with approx 145 sqm of floor space. With great imagination this four bedroom property has been transformed into two seperate conjoining villas containing 2 bedrooms and 1 bathroom each, with separate back yards.<br/><br/>All the bedrooms are ample size with one of the villas (55B) having built in robes in both bedrooms. Both villas are serviced by neatly renovated bathrooms and have ample open living space.<br/>The low maintenance rear yards are fully fenced and flat, perfect for children and pets alike to play and and one yard has a sizable lockable garden shed which provides perfect storage.<br/><br/>Providing a great opportunity for the first home buyer to enter the market and able to receive income from one property rental whilst living next door or investors looking to add to their current portfolio, the property has potential to earn an annual gross rental yield of approximately 7%.<br/><br/>With a secure tenancy in place until the end of May 2023 in one of the villas and with developments close by progressing, the convenience of the shopping precinct close by and Eastlands and Northgate within a short drive this one will be snapped up by first home buyers or savvy investors wanting a low maintenance investment. <br/><br/>• Ideal first home or investment property<br/>• Low maintenance fully fenced level block.<br/>• Both Villas contain heat pumps<br/>• Close to local schools and shops<br/>• Potential 7% plus gross annual rental yield<br/>• Already earning income<br/>• Rental Appraisal from $395-$420 each p/w<br/>• Year Built 1960<br/>• Construction - weatherboard, iron roof<br/>• Annual Council Rates - $1400 approximately<br/>• Annual Taswater Rates - $1000 approximately