Twice the Return - Modern 4 Bed Homes on one big 1344m2 Lot

A And B/13 Payne Street, Millbank, 4670

Ads By Google

799,000 AUDEst. Mortgage: AUD 5,614/monthFor Sale
  • Ownership Type Unitblock
  • Property Area 1,344 sqft
  • Bedrooms 8
  • Bathrooms 4
  • Furnished No
  • Last Updated 8th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 4
  • Ensuite: 2
  • Toilets: 4

Property Overview

Much better than Bank Interest -
up
to $820 per week or $42,640 - per annum
Rates and Insurance approx. $8624 showing a net return of Approx. $34,000 or 4.25%.


The owners of this stable investment have decided it is time to sell.
They built the 2 standalone homes in very handy Millbank, using well known local builders.

Each Home consists of:

4 Built in Bedrooms, Mains with ensuite and A/C
Modern Kitchens with Cooktop, underbench oven and Dishwasher
Open Plan living and dining with A/C, Undercover outdoor area
Double attached remote garages
Fenced allotments -
rear home has large backyard
Brick and colorbond - easy access to amenities, close to medical and shopping

*INTERNAL PHOTOS ARE PRIOR TO CURRENT TENANTS ENTRY

Benefits include:

2 Rental incomes with estimated Rental of $400-$410 per week (In current market) per house.
Opportunity to live in one and receive income from the other

The owners are committed to sell and will discuss and interest presented.
Call the Exclusive Agent Brant Duff on 0413 136 857 to discuss and arrange a viewing.

DISCLAIMER
The information provided is for use as an estimate only and potential purchasers should make their own inquiries to satisfy themselves of any matters.

Location on Google Map

A And B/13 Payne Street, Millbank, 4670

Ads By Google

Similar properties in this area

Prime Development Site
Prime Development Site AUD 950,000 . Studio . Shared Bath
UNDER CONTRACT
UNDER CONTRACT For Rent . Contact for Price . 2 Beds . 1 Baths
City Centre Lifestyle at it's Best
City Centre Lifestyle at it's Best AUD 305,000 . 2 Beds . 2 Baths
SMART CITY LIVING
SMART CITY LIVING AUD 349,000 . 2 Beds . 2 Baths
BRING THE FUN!
BRING THE FUN! AUD 475,000 . 2 Beds . 2 Baths
CBD Living
CBD Living AUD 325,000 . 2 Beds . 1 Baths
Stop Dreaming - You Can Own it!
Stop Dreaming - You Can Own it! For Rent . Contact for Price . 1 Beds . 1 Baths
Live where the ACTION is!
Live where the ACTION is! AUD 550,000 . 3 Beds . 2 Baths
BRIGHT ONE BEDROOM IN HEART OF CBD
BRIGHT ONE BEDROOM IN HEART OF CBD AUD 290,000 . 1 Beds . 1 Baths
Picture This: Spacious. Convenient. Affordable City Living.
Picture This: Spacious. Convenient. Affordable City Living. For Rent . Contact for Price . 2 Beds . 2 Baths
Modern Apartment On The Fringe Of CBD
Modern Apartment On The Fringe Of CBD AUD 449,000 . 3 Beds . 2 Baths
Like New - 12th floor with epic city views!
Like New - 12th floor with epic city views! AUD 440,000 . 2 Beds . 2 Baths
Classy Skyhome in Iconic Building
Classy Skyhome in Iconic Building AUD 700,000 . 3 Beds . 2 Baths
'Home' in the Heart of the CBD
'Home' in the Heart of the CBD AUD 240,000 . 1 Beds . 1 Baths
LIVING LARGE IN THE CITY
LIVING LARGE IN THE CITY AUD 499,000 . 3 Beds . 2 Baths
Invest Savvy!
Invest Savvy! AUD 250,000 . 1 Beds . 1 Baths
3 Bedroom Apartment Great Water Views!
3 Bedroom Apartment Great Water Views! AUD 559,000 . 3 Beds . 2 Baths
Be in the heart of the city
Be in the heart of the city For Rent . Contact for Price . 1 Beds . 1 Baths
VERSATILE PROPERTY. TOP RETURNS.
VERSATILE PROPERTY. TOP RETURNS. AUD 469,000 . 3 Beds . 2 Baths
Sunset Views Over The City
Sunset Views Over The City AUD 190,000 . 1 Beds . 1 Baths
Ultimate City Fringe Living
Ultimate City Fringe Living For Rent . Contact for Price . 2 Beds . 2 Baths
Enjoy everything the city has to offer with this modern unit!
Enjoy everything the city has to offer with this modern unit! AUD 450,000 . 2 Beds . 2 Baths
City Lifestyle or Great Investment
City Lifestyle or Great Investment AUD 349,000 . 2 Beds . 2 Baths
Entertainer’s Paradise!
Entertainer’s Paradise! AUD 410,000 . 3 Beds . 2 Baths