PROPERTY SUMMARY
Property Description
Domain Illawarra Real Estate is proud to offer a captivating investment opportunity nestled in a serene cul de sac setting, with the added bonus of backing onto a tranquil reserve. These great properties sit on over 866 sqm of land and is conveniently located a stone’s throw away from local parks, sports fields, and the bustling heart of Unanderra CBD. Potential rental income of over $62,000 per annum
The main residence is a charming three-bedroom home adorned with lovely, polished timber floors that exude warmth and character. Step inside to discover a spacious open plan living area seamlessly connected to an updated kitchen and dining space. The comfortable bathroom adds a touch of comfort to the home. Outside, an inviting undercover entertainment area awaits, along with an expansive single car garage and a cozy fenced yard that offers a peaceful retreat.
Currently, the main house is leased until August 2025, yielding $435 per week, with a potential rental income of $580 to $600 per week.
Complementing the main house is a separate architecturally designed two-bedroom granny flat, where sophistication and functionality harmonize effortlessly. The granny flat boasts airy interiors, raked ceilings, and a thoughtfully crafted layout that maximizes space and accessibility. Each well-proportioned bedroom features ceiling fans for added comfort and built in wardrobes to main. The living space is bathed in natural light and flows seamlessly into the generously sized kitchen equipped with stainless steel appliances, a dishwasher, and ample storage options.
Entertaining is a delight with the granny flats light-filled lounge opening onto a covered patio and a fenced rear yard, ideal for unwinding with loved ones. The modern bathroom exudes a crisp and clean aesthetic, complete with a shower-over-bath and a European laundry for added convenience. A spacious two-car garage, perfect for various uses, further enhances the property’s appeal.
The granny flat is currently leased until November 2025, returning $525 per week. Notably, the garage, although not included in the lease agreement, holds considerable rental value, estimated at $580 to $600 per week with the granny flat. This meticulously designed property promises a harmonious blend of comfort, style, and potential for astute investors.