Welcome to 57b King Road, East Bunbury, where investment potential meets prime location. This duplex offers not only low maintenance living but also the promise of maximum returns and future development opportunity.
Here's why this property is an investor's dream:
1. Double Rental Yield Potential: With two separate units, this duplex offers the opportunity for double rental income, maximizing your returns from day one.
2. Subdivision Potential: The block presents the exciting possibility of subdivision, allowing for the creation of three units (STCA). Whether you choose to remove the current duplex or add another unit to the back (STCA), the potential for growth and profit is immense currently zoned R20/R30.
3. Convenient Location: Nestled in the heart of East Bunbury, this property enjoys easy access to essential amenities such as schools, parks, shopping centres, and public transportation, ensuring high demand from tenants or buyers.
Let's take a closer look at each unit:
57a King Road: This spacious two-story unit features original features throughout, including a large kitchen, open-plan living, generously sized bedrooms, a master bedroom with built-in robes and ensuite, and a cellar for extra storage. With a potential rental return between $530 - $550, this unit offers excellent value.
57b King Road: Recently renovated throughout, this modern unit boasts a sleek kitchen with ample bench and cupboard space, open-plan living, well-appointed bedrooms, and a combined laundry and bathroom. With a potential rental return of $450 - $470, this unit presents a fantastic investment opportunity.
Whether you're an investor looking to capitalize on double rental income or a developer with an eye for future subdivision projects, 57b King Road offers endless possibilities. Don't miss out on this chance to secure your financial future in one of WA's most sought-after neighbourhoods.
Contact us today to schedule a viewing and explore the potential of this remarkable duplex. Celestine on 0435 824 123 or Jorgia 0423 011 608.
Umbrella Realty would like to state that no representation or warranties of any nature within this advertisement are given, intended, or implied. Any interested parties should rely on their own inquiries. Note that this listing has virtual furniture. Images of furniture are for illustration purposes only.
Property Code: 1130
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