FORTHCOMING AUCTION IF NOT SOLD PRIOR.

Situated on an 1143m2 parcel of land are these two 4-bedroom ensuite townhouses. Ideally suited to the investor looking for a home where with some imagination and desire to put some energy and effort into a project then you could have two easy care properties in the one location.

Both are free standing and consist of a formal lounge, dining, and a family room. They include a double garage under the roofline and are situated amongst other well cared for homes.

All the bedrooms are of generous proportions, and 3 in each home have built-in robes. Both properties are currently tenanted and grossing $1,250 per week in rent.

They are conveniently located close to access roads that lead to Tuggeranong, Mawson shopping centre, Woden and the ever-expanding Canberra hospital.

Each home requires some maintenance and TLC to restore them to their original glory, but the possibilities would make this an opportunity for an astute investor that would be hard to miss. It could also be ideal to live in one and have extended family in the other or rent the second property for additional income.

The homes are built on the one title so must be purchased together. 4A is currently tenanted until May 2023 at $630 per week and 4B is tenanted until January 2023 at $620 per week.

Your close inspection of this unique opportunity is highly recommended as these properties will be sold either prior to or on auction day.

UCV: $910,000
Block Size: 1,143m2
Construction date: 1992 (approx.)

4A
Living Area: 140m2
EER: 2.5

4B
Living Area: 142m2
EER: 4.0

Outgoings:
General Rates: $1,138.50 p/qtr (approx.)
Land Tax (if rented out): $1,949.75 p/qtr (approx.)

Disclaimer: The material and information contained within this marketing is for general information purposes only. Cream Residential Pty Ltd does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. We recommend all interested parties to make further enquiries and seek further advice. You should not rely upon this material as a basis for making any formal decisions.