Price Undisclosed

5 Bed  •  2 Bath  •  2 Car  •  695.1m²

Main view of Homely house listing, 1 Forest Place, West Kempsey NSW 2440
Second view of Homely house listing, 1 Forest Place, West Kempsey NSW 2440
Third view of Homely house listing, 1 Forest Place, West Kempsey NSW 2440
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Sold

1 Forest Place, West Kempsey NSW 2440

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Price Undisclosed

  • 5
  • 2
  • 2
  • 695.1m²

House Sold on Fri 29 Sep, 2017

What's around Forest Place

House description

“HOME + Granny Flat Rented & Returning $640/wk.”

Now this is something we agents need more of - a dual occupancy, home + granny flat! This one is just so amazing because it's modern and just over 2yrs old.

Yep, this is a stylish 3 bedroom brick and tile home with a stylish 2 bedroom granny flat at the rear. They are both as 'good as new'.

However, here's the really cool thing - they come with separate, private accesses and their own yards. So it's like having two completely separate properties.

This is for sure, both tenants love this place and don't want to leave. The combined rental return is an amazing $640/wk. Yes, you read it right! That's 7% gross return...around 5.7 net return.

"That's amazing for a near new build."

So here's the basic breakdown:
- a lovely level 695sqm block.
- 3 bedroom, 1 bathroom, 1 garage: formal large lounge room, kitchen/dining/family room opening onto the back patio, built-in robes and drive-through garage.
- 2 bedroom, 1 bathroom, 1 garage: open-plan design, laundry/bathroom combined, large covered patio, large Colorbond garage and other features like built-in robes, reverse cycle air conditioning, fully enclosed private yard and amazing concrete driveway and paths.

Mmm, so who will buy this gorgeous duo? A home-owner? Or, an investor? It's perfect for both buyers. What investor would knock back returns like that on a shiny modern build like this with great tenants and 'dual income'.

Well, call me any day, anytime and we'll find out who gets the cookie!

Council rates

$3644 Yearly

Land details

Area: 695.1m²
Fourth view of Homely house listing, 1 Forest Place, West Kempsey NSW 2440View more
Fifth view of Homely house listing, 1 Forest Place, West Kempsey NSW 2440View more

Contact the real estate agent

ONEAGENCY Kelly Flanagan

Kelly Flanagan Real Estate

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1 Forest Place, West Kempsey NSW 2440
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