1 & 1A Kinross Street
Raymond Terrace


$579,000 - $599,000

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2
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Property Features


Property ID: 3429471

TWO DWELLINGS - TWO SUPERB RETURNS


Maximising on return this unique property offers two separate dwellings on one title. All the hard work has been done for you. Take this superb investment opportunity with a combined potential return of $665 per week. An opportunity like this is rare and must be taken with both hands without delay.

Dwelling One: A smartly renovated brick and tile three bedroom house situated on a corner block providing good access points and space. Upon entry you'll be delighted in an open plan setting a spacious living, dining and kitchen serviced by a reverse cycle air con. Through to three good sized bedrooms all sharing use in the updated bathroom and laundry combined. A fully fenced back yard is a blank canvas to add future scope for an outdoor area with still enough room for the kids and pets to play. Double carport and new large storage shed as well as backyard access for the caravan, boat or trailer. Current rental assessment you can expect to return $355 - $365 per week on this one alone.

Dwelling Two: With a tenant in place currently paying $300 per week it was only recently built December 2019. Two good sized bedrooms both with built-in robes and ceiling fans share use in the spacious all in one bathroom. Open plan living, dining and kitchen provides spacious living with reverse cycle air con while the kitchen offers a dishwasher and pantry. A good sized secure yard with a lawn locker.

Council rate approx. $1,728 per annum and water rates approx. $728.28 per annum.

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