19 Barellan Avnue, Dapto NSW 2530

Looking for an opportunity to reduce your land tax or looking to house 2 families? 19 Barellan Avenue Dapto provides home owners and investors with a unique opportunity.

Situated not far from Dapto CBD and positioned on a corner block with 2 street frontages these 2 homes set on 620m2 are perfect for a family requiring dual living opportunities or an investor looking for 2 rental incomes without the land tax implications of owning 2 blocks of land. Currently these 2 properties with a rental return of $700pw, has the potential to increase to $750pw with some work to one of the homes.

The main home is very cosy, with an old commonwealth cottage feel. It welcomes you with timber flooring, 3 bedrooms, tiled bathroom and combined kitchen/dining. The main home is fully fenced with its own private backyard with the possibility STCA of putting in a separate driveway for the main house. Spend a little bit of time on a make over and restore the original charm of this property and you could increase the current rental return of this home to $400pw

The second home has only recently been built and is very contemporary in design. It features a neutral and modern kitchen that opens out onto the tiled and air-conditioned lounge/dining. Both bedrooms are carpeted and have ceiling fans, built in wardrobes and modern blinds. Fully tiled bathroom with a bath and an internal laundry all again with modern neutral colour tones. This home is fully fenced with an entertainment area and a small private backyard and currently has a tenant paying $350pw.

The average rental return for a proerty in Dapto is 5%, these properties with a combined income of $700pw bring a 5.5 - 5.9% return on investment.
Only a short distance to Dapto Mall, train station and freeway access you have the convenience of being centerally located whilst being in a more private position.

Features of 19 Barellan Avenue:
- Large corner block located in a cul-de-sac location
- Proven rental history
- 2 homes. Providing an opportunity to live in one and rent one, rent both or have 2 families live together
- 3 bedroom cosy cottage with its own yard,with a rental return of $350pw
- Opportunity to increase the rent on the 3 bedroom home to $400pw with a little makeover.
- New 2 bedroom home/grannyflat very contemporary in design with its own yard being leased at $350pw
- Less than 1km to the CBD including Dapto Mall, train station, medical centres and freeway access