With 1/2 duplexes selling in the mid $400's this is amazing value. DUAL KEY DUAL OCC
Retiree, Investor, Savvy Real Estate buyer, Large family, Granny flat, FIFO, SMSF (which are you).
This property has so much upside it will suit a huge range of buyers. What type of buyer are you?
*3 bedroom 2 bathroom double garage home
* 2 bedroom 1 bathroom single garage homette
* fully fenced seperate yards
* High quality kitchens and wet areas
Retiree/ Downsizer- Why not take the side that suits you best and then carefully select your neighbour and enjoy some income to pay for your regular and hard earned holidays.
Investor- If rent return is your goal. Kick your cash into this. A whopping $810/week rent. That's $350 per week for the 2 bedroom portion and $460 per week for the 3 bedroom portion. This property has been purpose built for dual tenancies and is more like a duplex than a single dwelling. Take advantage of the high depreciation and margin scheme benefits of this purchase.
Savvy Real Estate buyer- Don't just buy a house to live in, buy a house that you can grow into and one with quality tenants in place to help pay it off. Live in the small side to start so your rent is higher and then as your family grows swap to the bigger side. It is a very clever build.
Large Family: Use the whole thing all 5 bedrooms, 3 bathrooms, 3 car spaces and good sized yard. Let those older kids take some responsibility for their own space. What could possibly go wrong you'll literally be next door.
Granny Flat: Mum and Dad looked after you for a long time. Don't send them to a home. give them the privacy and security of their own space right under your roof. Who knows they might even help you buy it.
FIFO: your not home much so don't need anything too big. Somewhere to store your toys and a base to enjoy the coast from. And when your not there your tenants are helping pay it off. You're working hard to get ahead, why not buy something that can help with that goal.
SMSF: I know its getting tougher for you get property but you have a heap of super not doing a lot and a rent return in excess of 6% that should be able to increase with the activity on the coast is pretty good buying.
If I've missed you as buyer and you've got this far call me and we'll arrange an inspection.