Sold for $ 575,000
- 437.84 m2
- 123 m2
2/7 Kinkead Street Evatt Australian Capital Territory 2617
Sold Date: 08-Mar-2017
Last Update: 100 days ago
2/7 Kinkead Street Evatt, ACT
If you've been looking for the perfect investment, the right property to downsize to, or your first purchase in the property market, then look no further than this tasty townhouse alternative!
This home was built in 2007 by the current owners, and features 3 bedrooms, 2 bathrooms, and a garage with internal access for one car. What makes this home truly unique is the setup and layout of the house. The home has been designed so that it is split into two – a two bedroom unit, and a one bedroom unit. This is exactly how the current owners were able to achieve a massive rental income of $720pw!
The two bedroom unit, was recently tenanted at $400pw until October 2016. It features a modern kitchen, open plan living and dining area, spacious bathroom with separate toilet, built-in robes to both bedrooms, an alfresco entertaining area out the back and a single garage with internal access. The one bedroom unit, currently tenanted until 11 December 2016 at $320pw, offers an ensuite, huge walk-in robe, and an open plan living space with a built-in washing machine. Both units have easy-care private rear courtyards and gardens.
With the opportunity to earn TWO rental incomes, this property is sure to suit the savvy investor. Of course, you could live in one side of the home, and have a tenant in the other side paying off your mortgage. If you’d prefer to have all three bedrooms to yourself, then you won’t be short on space. There are a plethora of opportunities here!
This lovely free standing dual occupancy home conveniently has its own separate driveway, and each unit is separately metered for gas and electricity, both units share the water for the house. The added bonus of having no body corporate fees is sure to whet your appetite...this fabulous property won’t last long!
- Potential massive double rental income (previously totalling $720pw)
- 123m2 of internal living
- 437.84m2 block
- Separately metered for electricity and gas
- A freestanding townhouse alternative
- High Energy Efficient Rating of 6.0
- No body corporate!
- Separate driveway
- Two private rear courtyards
Rates: $1,637 p.a. (approx)
UV: $212,160 (approx)
- Property Type: House
- Carport: 1
- Energy Rating: 6