$835,000
5 Bed • 3 Bath • 2 Car • 781m²
New
20A & 20B Gibralter Crescent, Koolkhan NSW 2460
$835,000
- 5Bed
- 3Bath
- 2 Car
- 781m²
Block of Units for sale
Next inspection:Wed 1 May 4:30pm
Home loan calculator
The monthly estimated repayment is calculated based on:
Listed display price: the price that the agent(s) want displayed on their listed property. If a range, the lowest value will be ultised
Suburb median listed price: the middle value of listed prices for all listings currently for sale in that same suburb
National median listed price: the middle value of listed prices for all listings currently for sale nationally
Note: The median price is just a guide and may not reflect the value of this property.
What's around Gibralter Crescent
Block of Units description
“MODERN DUPLEX WITH TWO RENTAL INCOMES”
How does a rental income of $885 per week sound? Its a residential investment returning nearly 5% net!
Construction finished late 2022 on this modern duplex residence which now creates two streams of rental income from its two residences under one roof.
20A is the larger side with 3 bedrooms, 2 bathrooms, walk in storage and attached garage. This one rents for $495 per week with a lease expiring August 2024. It has a large privately fenced yard, dishwasher and air conditioning.
20B is the more compact 2 bed, 1 bath design which perfectly suits its two-person tenancy type who pay $390 per week on an expired lease. This one has single electric lock up garage, fenced yard (with plenty of yard space), air con and an open plan kitchen-living.
With a current combined income of $885 per week this new building may also come with some tax depreciation benefits for the investors (check with your accountant) and brings peace-of-mind for long term investors courtesy of its new home warranty.
All located in a 100% flood-free neighbourhood just outside of Grafton's well-loved satellite village of Junction Hill. The nearest schools are Westlawn Primary and St Mary's Catholic within 6 kms and the nearest large employers are the industrial sector at Red Lane about 3 kms away or Grafton Base Hospital and surrounding Aged Care sector on the northern edge of Grafton City.
Long term prospects are solid, the construction is new, the design is practical. What do you think its worth?
RENT: $885 per week ($495 + $390)
COUNCIL RATES: $3350 per year
BUILDING INSURANCE: $2194 per year
LAND SIZE: 781 sqm
Property features
Living Areas: 2
Land details
What's around Gibralter Crescent
Inspection times
Contact the real estate agent
Angus McKimm
McKimm's Real Estate
Send an enquiry
Nearby schools in and around Koolkhan, NSW
Top reviews by locals of Koolkhan, NSW 2460
Discover what it's like to live in Koolkhan before you inspect or move.
Discussions in Koolkhan, NSW
Wondering what the latest hot topics are in Koolkhan, New South Wales?
Similar Block of Units for sale in Koolkhan, NSW 2460
Properties for sale in nearby suburbs
- 5
- 3
- 2
- 781m²