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132 WARDELL Street Ashgrove, QLD 4060

Sold on 16 Jun 2015Floorplan
  • 4 Beds
  • 3 Baths
  • 2 Cars
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132 WARDELL Street, Ashgrove, QLD 4060

House in Ashgrove

LOOKING FOR A CASH COW? 6.06% RETURN!

  • 4 Beds
  • 3 Baths
  • 2 Cars

This brick home was strategically renovated to offer two separate rental dwellings, with the potential of a third (3 income streams):

1. The original house offers three bedrooms, a large kitchen, dining, lounge and bathroom areas.
2. A studio apartment with it's own entry and bathroom - an easy to add kitchenette will create a separate self-contained flat
3. Downstairs is a spacious one bedroom with it's own living area's, kitchen and bathroom. There is also a covered garage area which could be used for either a car, storage or another living/entertaining area. This is not legal height.

The current owners rent the upper section out singly and achieve $540/week. The downstairs self contained unit is tenanted for $275/week, making a grand total of $815/week. This equates to $42,380/year.

Recent works have seen the house painted and a new roof which cost $27,000. The home offers solar heating for the water, a 10m pool, court yard area's and enough grass for the tenants to entertain. The property is not separately metered.

Must be sold!

Features:
  • Air Conditioning
  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Double Garage
  • Garden
  • Pool

See all features

Land:

727m² / 0.17 acres

Bedrooms:

4

Bathrooms:

3