Massive 8%+ return – $236 000 p/a Cash Cow

282 m² - NEW SOUTH WALES, Australia

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Property Description

Massive 8% Return – Huge $227 240p/a Income – Error converting from LaTeX to MathML$ – Live Off This House For Life – Positive Cash Cow
Solve all your financial problems with this Landmark Victorian Mansion On Expansive corner landholding
LOCATION: NSW

Magnificent in both its grand proportions and elegant traditional style, this majestic Victorian mansion represents an exceptionally rare opportunity to acquire a landmark property with tremendous versatility.

It has been meticulously maintained and upgraded to provide a solid, easycare home with flexible layout options ideal for the extended family or high yield investment. A commitment to quality is immediately apparent throughout this superb double brick residence.

It is built with solid concrete construction throughout to ensure durability and low-maintenance living. There is an expansive 282sqm internal floor space including a 10+ -bedroom main residence plus self-contained guest/in-law accommodations with 7 bedrooms, kitchen, bathroom and private entry.

In addition, there is living and dining spaces on both levels plus a large upstairs garden terrace for entertaining. A front verandah captures elevated views to the city plus there is a private rear courtyard, vast storage areas and a luxury light filled bathroom featuring a deluxe spa bathtub.

Buyers and investors will be immediately impressed by the property’s quality design and large 380sqm corner landholding with dual street access. This select location is within easy access to the area’s quality schools, trains, buses and light rail transport plus Dulwich Hill shops cafes and other great Inner West hot-spots.

BATHROOMS: 5 common bathrooms and showers / 1 ensuite room 5

A) it’s a fully renovated Victorian house duplex in Dulwich Hill Region.

B) 17 rooms and fully tenanted

C) $227 240pa gross income

D) 8% (approx) gross yield

E) sale price $2,990,000

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INCOME

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$4370 Rent weekly

$227 240 per annum

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OUTGOINGS (approximates)

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Electricity- $1600/mth

Gas.- $200/ mth

Wifi- $120/ mth

Rates- $600/quart

Water – $800/quart

Cleaner-$1000/Mth

Washing machines x2 $198/mth but that balances out because they are coin operated and owner keeps all the coins.
do NOT contact me with unsolicited services or offers

Basic Details
Property Type : House
Listing Type : For sale
Listing ID : 1000
Price : $2,990,000
View : Sydney City
Bedrooms : 17
Bathrooms : 5
Half Bathrooms : 0
Square Footage : 282 m²
Year Built : 0
Lot Area : 380 Sqft
Address Map
Sydney : Australia
Street : NEW SOUTH WALES
Floor Number : 0
Longitude : E146° 55' 16''
Latitude : S32° 44' 48.4''
House For sale
  • Listing ID : 1000
  • Bedrooms : 17
  • Bathrooms : 5
  • Square Footage : 282 m²
$2,990,000
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