51 & 51A Phillip Street, Raymond Terrace

$690,000-$749,000 - Potential Return $45,240 p/a

5 2 1 689 m2


Attention investors! Great opportunity to secure a dual occupancy property with a solid rental return. This property is perfect for maximizing rental income or accommodating extended family members.

Key features:

- Main dwelling offering three bedrooms, two bedrooms with built in robes and all with ceiling fans
- Good sized living area featuring reverse cycle air conditioning and ceiling fan
- Well-appointed kitchen offering plenty of cupboard and bench space with adjoining dining room
- All in one main bathroom
- Large laundry with yard access
- Generous sized fully fenced back yard

The second dwelling at the rear is detached from the main house and offers an air conditioned living space, two bedrooms both with built in robes, open plan living with modern kitchen, combined bathroom and laundry, while also offering a separate carport, storage shed and a fully fenced yard for privacy.

This type of property is a rare find and opportunities like this do not come around often.

- Council/water rates approximately - $2,824 per annum
- Current rental return achieving $40,560 per annum
- Rental capability of $45,240 per annum (51 Phillip $475 per week - rent increase in place beginning 24/07/2024 and 51A Phillip $395 per week)
- Year built: 1965
- Land Size: 689sqm

This information has been provided to us by third parties and we do not accept responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice is necessary.
5 2 1 689 m2


Address 51 & 51A Phillip Street, Raymond Terrace
Price $690,000-$749,000 - Potential Return $45,240 p/a
Property Type Residential
Property ID 137
Category House
Land Area 689 m2


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