$500,000

4 Bed  •  2 Bath  •  2 Car  •  578m²

Main view of Homely house listing, 5 Ford Avenue, Mount Hutton NSW 2290
Floorplan of Homely house listing, 5 Ford Avenue, Mount Hutton NSW 2290
Second view of Homely house listing, 5 Ford Avenue, Mount Hutton NSW 2290
+6

Sold

5 Ford Avenue, Mount Hutton NSW 2290

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$500,000

  • 4
  • 2
  • 2
  • 578m²

House Sold on Thu 15 Nov, 2018

What's around Ford Avenue

House description

“Dual Income - Returning 5.95%”

Currently offering two separate income streams with a collective rent return of $630/wk. Upstairs contains 3 generous bedrooms, two separate living spaces plus 2nd wc with a rent return of $350/wk. Downstairs possesses modern kitchen, tiled flooring and a return of $280/week. Both possess single garaging with internal access. Absolute convenience with village shops directly opposite and easy stroll to neighbouring Lake Macquarie Fair shopping centre & Aldi also close by. Minutes to Warners Bay Foreshore, convenient to local schooling & transport as well. Providing 5.95% gross return with opportunity to hedge return with the multiple occupancy. Alternatively first home buyers looking at subsidise repayments with the bonus income potential.

Land Size: 578sqm
Council: Lake Macquarie
Zoning: R2 Low Density Residential
Council Rates: $2015pa approx
Water Rates: $712pa approx

Land details

Area: 578m²

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5 Ford Avenue, Mount Hutton NSW 2290
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