$899,000 +

4 Bed  •  2 Bath  •  1 Car  •  885m²

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$899,000 +

  • 4
  • 2
  • 1
  • 885m²

House for sale10 days on Homely

What's around Banks

House description

“ROOM FOR EVERYONE”

Available to Inspect on Saturday's by Appointment, please contact Jane 0408 662 119 or Emma 0422 415 008

One exciting opportunity.

An investors dream with great rental return, a spacious family home to live in plus another to offset your mortgage, or space for parents or teenagers to live with you yet have their own space and privacy.

The main home offers a two generous living spaces, well maintained kitchen with gas cooktop and ample storage. Three bedrooms are on offer, the master incredibly spacious, plus a bathroom with bath, shower and separate WC. There is a spacious and fully fenced, flat backyard dedicated to the front home. Currently rented on a periodic lease at $510 per week.

A separate space at the rear provides your optional fourth bedroom, additional modern bathroom, offering an easy conversion to provide for a self-contained residence. This space would work brilliantly as a home business or dual income opportunity.

Known for its family-friendly atmosphere, proximity to quality local schools, parks and nature reserves like Rob Roy Nature Reserve, plus Lanyon Town Centre, the suburb of Banks is thriving and ready to welcome you.

For investors, whether you're ready to grow your portfolio or purchase your first investment, these properties deliver:
• High rental demand and consistently low vacancy rates
• Attractive yields to maximise returns
• Prime locations near schools, shops, and transport
• Strong potential for capital growth

Land Size: 884m2
Living Size: 124m2 for the 3 bedroom residence and 55m2 for the rear space.
UV: $504,000
Rates: $3,348 p.a (approx.)
Land Tax: $6,143 p.a (approx.) if rented
Construction: 1994
EER: 3 stars

Note: 38A (the rear space) only has building approval.

Building details

Area: 174m²
Energy Rating: 3

Land details

Area: 885m²

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