Returning a massive $57,720 per year + one tenant gets a $100 discount on rent for garden maintenance so Gross rent would be $62,920pa, this renovated, walk-to-beach 2 storey brick property, is located in the high demand suburb of Umina Beach.
Always leased and set on a large 721sqm block, this council approved Dual Occupancy + near new sleep out, is an investors dream. Privately positioned inside a secure-electric gated fence, it comes with fully landscaped & maintained gardens plus a bus stop conveniently located out the front. Just a flat 5 minute walk to Umina Beach CBD and a 10 minute walk to the beach, the property has been completely renovated (inside and out) and includes separate electrical metering, new hot water units and high speed internet connection.
It comes fully tenanted (including a long term tenant, 7 yr lease who maintains the property, does the gardens, takes out the bins etc giving you peace of mind that your property will always be looked after.), which means you will be collecting rent from Day 1!
It also contains a magnificent 100 year old Jacaranda tree in the back yard, an undercover deck and 2 x garden sheds, with plenty of room to enjoy the space. With Patonga and the Palm Beach ferry also on your doorstep, the property will always be attractive to your tenants and in demand.
This is the perfect addition to your investment property portfolio, with nothing to do except collect your monthly rent cheque and enjoy the capital growth & low rental vacancy in the ever performing Blue-Chip suburb of Umina Beach.
For more information Contact Andrew Quilkey on 0421200330 or Ian Willis on 0421780513.