Quakers Hill, NSW 2763
Type of Property: House
Reason for Purchase: Investment Property
Address: 25 Mallee Street, Quakers Hill NSW 2763
The client came to us with a brief to secure an investment with a 5% return on investment. She was open to either a 2 bedroom unit in a blue ribbon area of the Eastern Suburbs or a free standing house in the Western Suburbs with an existing granny flat or potential to add one. We decided that the 2nd option would get her the strongest return in the short term, while still having excellent capital growth potential. We inspected about 10 properties and missed out on 3 as they sold over budget. So when this 4 bedroom home brick home on 556sqm block came up we know it was excellent value. There was also an existing teenagers retreat which included kitchen and bathroom and provided the dual income our client was after. We made an offer prior to auction and once the bank evaluation came through confirming this was indeed equal to the value we anticipated we exchanged the same day and secured the home for our client all within her 3 month time frame.
About the Property:
RENOVATED 4 BEDROOM HOME WITH DUAL INCOME POTENTIAL
Investors or large families please take note, this is a great opportunity to secure this 4 bedroom brick home which also boast’s a self contained sleep out/ teenager’s retreat.
Four generous size bedroom’s, spacious open living, timber floors throughout, brand new kitchen with electricity cooking, reverse cycle air condition, modern bathroom with separate toilet, mirrored built ins to all rooms, down lights, internal laundry, freshly painted, new blinds, storage, in ground swimming pool, approx 556sqm.
Other features included;
- Potential rental return $870 per week
- Only minutes walk to local schools, Woolworths and public transport.