$660,000

6 Bed  •  3 Bath  •  2 Car  •  762m²

Main view of Homely house listing, 228 & 228A The Ruins Way, Port Macquarie NSW 2444
Floorplan of Homely house listing, 228 & 228A The Ruins Way, Port Macquarie NSW 2444
Second view of Homely house listing, 228 & 228A The Ruins Way, Port Macquarie NSW 2444
+14

Sold

228 & 228A The Ruins Way, Port Macquarie NSW 2444

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$660,000

  • 6
  • 3
  • 2
  • 762m²

House Sold on Tue 4 Feb, 2020

What's around The Ruins Way

House description

“SOLD IN INNES LAKE”

Move quickly on this limited opportunity. A rare offering of two properties on one title opens the door to reap the benefits of a dual-income investment as well as complying with council regulations to strata them if you choose.
Number 228 is a four-bedroom home with a rental income of $420 per week and number 228A is a two-bedroom home that can achieve $355 per week (gross return approximately $40,300 per year) thus providing a fantastic return which would service a mortgage.
Perfect for residing in one home and leasing out the other, the property would also suit a family where a separate living arrangement is required. Both homes include a modern colour palette, timber plank flooring, reverse cycle air conditioning and private entertaining areas. Number 228 offers a spacious main bedroom with ensuite and access to the outdoor terrace. A well thought out floor plan and light bright interiors, this is an easy property to live in comfortably. Tucked away in private surrounds, 228A is a cozy and inviting retreat. The home offers a large main bedroom, contemporary bathroom and sliding door access to the generous and private yard.

Due to the close proximity to the hospital and university, the area has become a hot spot for medical professionals and academic students. A newly developed estate in an impressive location, this unique opportunity provides a quality investment to add to your portfolio.

• A current combined income of $775 per week
• Two great homes on one title
• Woodland reserve backdrop
• Modern estate with new homes
• Large family-friendly backyards
• Low maintenance upkeep
• Contemporary colour palette
• Reverse cycle air conditioning
• Ceiling fans throughout
• Timber plank flooring
• Gas cooking and wood grain kitchen cabinetry
• Water tank led lighting and NBN access
• Large windows and high ceilings
• Short distance to the shopping village
• Close proximity to the hospital
• Walk to The Little Fish Cafe
• Five-minute drive to University
• Versatile Investment or live-in option
• Great value investment for the future

A savvy investment or ideal property to accommodate a family member with a separate living arrangement, if you're looking for a dual-income opportunity, this property is screaming out "I am the one".

With the rental income this property produces, it has the very real potential of servicing the loan for its purchase.
The property was built by a well-known, local builder and has been built to the standards/requirements that would allow for subdivision of 228 and 228a with council approval & costs.

Don't hesitate, serious seller motivated to achieve a sale. Call Greg today to organise your inspection.


The information contained in the advertising of this property is not based on any independent enquiries or knowledge of the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

Property features

airConditioning

Air Conditioning

toilets

Toilets: 3

Other features

Built-In Wardrobes, Close to Schools, Close to Shops, Garden, Secure Parking

Land details

Area: 762m²

Interactive media & resources

Third view of Homely house listing, 228 & 228A The Ruins Way, Port Macquarie NSW 2444View more
Fourth view of Homely house listing, 228 & 228A The Ruins Way, Port Macquarie NSW 2444View more

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228 & 228A The Ruins Way, Port Macquarie NSW 2444
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