Big on Space + Investment Potential Plus (Huge 7.2% Yield)

7 Mellifont Street, Banyo, 4014

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750,000 AUDEst. Mortgage: AUD 5,270/monthFor Sale
  • Ownership Type House
  • Property Area 582 sqft
  • Bedrooms 5
  • Bathrooms 2
  • Furnished No
  • Last Updated 4th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Deck
  • Fully Fenced
  • Outdoor Entertaining Area
  • Shed
  • Swimming Pool - Inground
  • Garage: 2
  • Dishwasher
  • Ensuite: 1
  • Toilets: 2

Property Overview

This lowset Banyo home certainly doesn't lack on space, with 5 bedrooms + a study on offer. It's perfect for investors as it's currently rented by several students (at a significantly higher than average yield!) attending the nearby uni. Oh and the train station and arterials are close too.

The kitchen is lovely and modern with a large breakfast bar, and this opens to the large open plan living/dining. The bathroom has both shower and bath, plus the toilet is separate.

A bonus is the big enclosed entertainment area -- perfect for all-weather barbies! And then you can cool off in the in-ground swimming pool afterwards.

Practical features include a double lockup garage, security screens and ceiling fans.

This well priced property is a great buy for space and location, and it's also well presented!

Watt favs:
· Huge lowset home close to the Australian Catholic Uni, train station and arterials
· Perfect for investors -- currently rented by several students
· 5 bedrooms
· Study
· Open plan kitchen/living/dining
· Modern kitchen with breakfast bar
· Bathroom has shower, bath and a separate toilet
· Enclosed entertainment area + outdoor patio
· Dbl LU garage
· In-ground swimming pool
· Security screens

Location on Google Map

7 Mellifont Street, Banyo, 4014

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