19 Armidale Road, Coutts Crossing NSW 2460

The vendor has held this property as an investment for the last few years but now its time to liquidate. You can buy a hell of a lot of house living space here for not a lot of money.

This is definitely one of the more unique holdings to come onto the market this year. Located right in the heart of Coutts Crossing is this 1,200sqm lot - complete with two dwellings and a shed!

Designed by its current owners, they built their spacious family home and 3 bay shed at the back of the block and a granny flat at the front for either elderly relatives or future income potential. The end result is a super flexible real estate holding that could suit multi-generational families, investors or a mix of both.

The house at the rear is 3-4 bedrooms depending on desired layout and has all the mod cons you would expect of a home built in 2013, including dishwasher and air conditioning. Car accommodation is offered via a double lock up garage on the house along with a 3 bay colorbond shed. The 'granny flat' at the front of the block is essentially an extra house offering 2 bedrooms and a single lock up garage.

The property will be sold with the house vacant, its rental value is in the vicinity of $480 - $500 per week. The granny flat is currently leased to a long term tenant who is currently paying $270 per week (market value is more like $350 per week) - so potential combined income total of $850 per week for any astute investors looking at a property to maximise their return.

Pest & Building Reports have already been completed and are available for your perusal. The property is being sold via Openn Negotiation, so be sure to inspect and register your interest at www.openn.com.au so you don't miss out!