Dual Access and Large Block Ready for a Bit of Work

52 Middleton Street, South Kempsey, 2440

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265,000 AUDEst. Mortgage: AUD 1,862/monthFor Sale
  • Ownership Type House
  • Property Area 809 sqft
  • Bedrooms 2
  • Bathrooms 1
  • Furnished No
  • Last Updated 14th Aug, 2022

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

This property has some great features, large block, check. Access from 3 sides, check. Potential for Dual Occupancy, check. This would be a great opportunity for the investor that doesn't mind a little work. Or perhaps you're a home buyer trying to break into the market, with a home that has space away from the neighbours? <br/><br/>Let's be honest the home has seen better days, and currently, you have a blank canvas. The home could be returned to its charming self with a little bit of elbow grease. It's a matter of how far you want to go. So, what are the essentials that need doing, floor coverings, paint, windows, fix the kitchen, and could be on your way to re-renting the property. Most recently the home was rented for $310 per week, but our rental team believe that you could achieve up to $360 per week (including water and lawns). <br/><br/>Now, this is a large block of 809.4sqm, so there is the potential there to put another dwelling (subject to council approval) on the block, it's got access on 3 sides so making an entry for the second dwelling will be easy. There have been other properties nearby that have put on a second dwelling, that are perfect for a single person which are currently renting for $250 - $280 per week. <br/><br/>So, if you're in the market for an investment and you're happy to do the work or you're a home buyer ready for a challenge, then call us today to arrange your private inspection.

Location on Google Map

52 Middleton Street, South Kempsey, 2440

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