Amazing opportunity for an astute investor!

21 Frederick Place, Park Ridge, 4125

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750,000 AUDEst. Mortgage: AUD 5,270/monthFor Sale
  • Ownership Type Duplex/semi-detached
  • Property Area 401 sqft
  • Bedrooms 5
  • Bathrooms 3
  • Furnished No
  • Last Updated 10th Jun, 2023

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 2
  • Ensuite: 1
  • Living Areas: 2
  • Toilets: 3

Property Overview

What a unique opportunity for an astute investment buyer, a dual occupancy property with great rental return!<br/><br/>Within a 6 minute drive of Marsden Park Shopping Centre, tenants have easy access to local take-aways, restaurants and Coles Shopping, plus a number of boutique shops at their finger tips. Also located within a short drive is Marsden State High School. The potential for this property is enormous!<br/><br/>Dwelling 1: consists of:<br/>* 3 bedrooms - master with built in robe and ensuite<br/>* Separate bathroom with bathtub<br/>* Air con in the living and master bedroom<br/>* Ceiling fans in all bedrooms<br/>* Uncover patio<br/>* Single garage<br/>CURRENTLY RENTED AT: $430 per week, tenant vacating 7 August – potential return between $470 - $490 per week<br/><br/>Dwelling 2: consists of:<br/>* 2 bedrooms<br/>* 1 bathroom with double entry (“Jack and Jill”)<br/>* Galley kitchen<br/>* Living combined dining area<br/>* Air conditioner unit in living area<br/>CURRENTLY RENTED AT: $330 PER WEEK, tenant vacating beginning August – potential return between $380 - $400<br/>Combined POTENTIAL rental return per week: $850 - $890 per week<br/><br/>Total block size: 401m2<br/>Total living area of both units: 227m2<br/><br/>Please call Linda for your inspection - 0410 716 361 <br/><br/>Disclaimer:<br/>Whilst all reasonable attempts have been made to verify the accuracy of the information provided, the Selling agents confirm that they cannot guarantee accuracy of the same and accept no liability (express or implied) in the event that any information contained in the document or provided within, is inaccurate. Parties must ensure they make their own due diligence enquiries to satisfy themselves about the accuracy of the information. This information provided is indicative only and must not be relied upon unless confirmed by a party through their own due diligence.

Location on Google Map

21 Frederick Place, Park Ridge, 4125

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