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INVESTMENT OPPORTUNITY IN HILLCREST

On offer is a fantastic opportunity to acquire both 40 a and b Flynn Road. The properties are on separate cross lease titles and sit on a spacious 813m2 site. Purchase as an outright investment or home and income, the two properties are being sold together.

These brick 1960's units have been well maintained and are currently rented with good, long term tenants in place. The front unit which is approximately 83m2 offers a practical layout, featuring three bedrooms, family bathroom, kitchen, dining and living room.

The properties are both Healthy Homes compliant so you needn't worry about having to bring anything up to standard. Both have insulation and heatpumps ensuring you or your tenants can enjoy a comfortable atmosphere throughout the year.

The double carport is located at the front of the units providing a covered carpark for each unit and there is also additional off street parking space.

The back property which is slightly smaller at approximately 60m2, offers two bedrooms, family bathroom, sunny living and kitchen/laundry space combined.

You choose - invest in both properties and take over the current tenants who are keen to stay, this will provide you with a steady income stream immediately or perhaps you are considering owning a home and also reaping the benefits of rental income, live in one property and rent the other out.

The properties are currently bringing in a combined weekly rental income of $910.00 and both have periodic tenancies in place.

Flynn Road is a sought after and peaceful Hillcrest location, enjoy the nature outlook and you'll be surrounded by quality homes and a family friendly neighbourhood. With easy access onto the new main arterial routes makes this a great choice. With several parks and playgrounds just down the road, as is a popular cafe and shops plus good schooling and university - giving you all essential amenities close by.

Call Brian now to arrange a viewing of these units.

  • Property ID:  LH14091
  • Location:  40A & 40B Flynn Road, Hillcrest
  • Bedrooms:  5
  • Bathrooms:  2
  • Land area:  817m²
  • Chattels:  Bathroom Extractor Fan, Blinds, Curtains, Fixed Floor Coverings, Light Fittings, Rangehood, Smoke Detectors, Stove
  • Hot Water:  Electric
  • Heating:  Heat Pump
  • Insulation:  Ceiling, Floor
  • Stove:  Electric
  • Roof:  Iron
  • Frontage:  Street
  • 1335 Views
  • 1335 Views

  • Brian Kneebone

    Residential Sales Consultant

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