19C Manxton Way, Lynwood
AN INVESTMENT THAT TICKS THE BOXES!! Other - Property ID: 785097
When buying a investment or home , there are 2 important boxes that need to be ticked, this rear triplex home ticks 3!!!
Budget & Affordability Big Tick
Here's a great opportunity to buy an investment that is as easy to own as it is to buy.
Assessed to rent within the $330 350 range that's a gross return of approximately 5%.
With interest rates as low as 3.99% available in the marketplace that makes owning this property a low cost investment.
Potential income per annum at $330 p w =17,680 Potential Interest on loan at 4.6% = approx. $16,100
This should make holding this property very easy.
Location Big Tick
Check these growth rates
1yr 5.3% 5 Years 6.3% 10 Years 9.8% (Source REIWA)
This will help fund your future be it wealth creation or retirement cash flow
Plus Lovely spacious back yard for entertaining Big Tick
Tenants will appreciate this delightful property. A truly affordable investment or first home situated just a short walk from Bannister Creek Primary School, Bannister Creek Reserve which now has a lovely new kids play area. Easy access to Roe Highway & the airport make it ideal for a fly in fly out tenant or owner.
Check out this list of features
* 2 roomy bedrooms
* 1 pristine renovated bathroom
* Open plan spacious living and meals area
* Kitchen with free-standing gas cooker
* 2 split system air conditioners (1 in master bedroom, 1 in family living area)
* Near new carpet
* NEW Instant hot water system
* Large patio entertaining area overlooking a huge back yard
* Single car port with additional parking
The fine print
School Catchment Zone: Bannister Creek Primary School & Lynwood Senior High School
Age Of House: Approximately 1983
Building Size: 74sqm
Land Area: 1 third undivided equal share of 1,614sqm
Strata Levies: No strata fees, however the owners share building insurance
Local Council: City of Canning
Council Rates: 9231 0606 City of Canning; #1 = rates, 19c Manxston, listing agent what are the rates for last financial year
Water Rates: $516.50 (01/07/14 28/02/15)
- Close to Schools
- Close to Shops
- Close to Transport
- Secure Parking
- Formal Lounge