Price Undisclosed

6 Bed  •  3 Bath  •  3 Car

Main view of Homely house listing, 4 -5 Molloy Place, Young NSW 2594
Floorplan of Homely house listing, 4 -5 Molloy Place, Young NSW 2594
Second view of Homely house listing, 4 -5 Molloy Place, Young NSW 2594
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Sold

4 -5 Molloy Place, Young NSW 2594

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Price Undisclosed

  • 6
  • 3
  • 3

House Sold on Wed 15 Jul, 2020

What's around Molloy Place

House description

“(PRICE REDUCED) 6% Gross Return On Investment + Maximum Deprecation Opportunitie”

Here is your chance to purchase a near new (Completed end of 2016) 4 bedroom 2 bathroom brick veneer home with the added feature of a near new (Completed end of 2016) 2 bedroom unit on the same parcel of land. The front 4 bedroom home is currently leased at $370/week with the 2 bedroom unit currently leased at $270/w, giving a gross rental return of 6% on the asking price.
The properties also can be separated with the vendor willing to do this if a purchaser only requires to purchase one of the dwellings.

4 Bedroom House 5 Molloy Place:

4 bedrooms with ensuite to main.
Built-ins to bedrooms walk in robe to main.
Modern bathroom and kitchen with quality inclusions.
Low maintenance fully fenced rear yard.
Gas heating and ducted Evaporative A/C.
Double garage with internal access.
Walking distance to Primary schools.
Currently leased at $370/w or offered with vacant possession.
Individual price of $330,000 (5.8% return on asking price).

2 Bedroom Unit 4 Molloy Place:

2 bedrooms with built-ins to both.
Open plan kitchen living area.
Single attached garage with internal access.
Low maintenance fully fenced rear yard.
Clean & Efficient RC/AC.
Walking distance to Primary Schools.
Currently leased at $270/week or offered with vacant possession.
Individual price of $220,000 (6.3% return on asking price).


There are so many options here, maybe live in the house and rent the unit out or vice versa or leave it in its current situation as a rental and enjoy a great rental return with its maximum rental depreciation schedule in place. Make an offer on one or buy them both, the choice is yours!!

Property features

ensuites

Ensuites: 1

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4 -5 Molloy Place, Young NSW 2594
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