Address available on request

Somerton Park is a proven performer in the real estate market and continues to show solid capital growth returns over many years. This is a unique opportunity to buy into this area and watch your investment grow. The vendors are looking for a sale that will allow them to rent the property back on a 5 year lease at an initial rental of $430pw plus the possibility of a further 5 year option. That equates to an initial gross rental of 3.4% in a suburb that has shown a 37.6% in capital growth over the last 5 years! (source: CoreLogic/RP Data October 2013 to October 2018).

The house is located close to the Bowker St Oval placing it within the Brighton High School Zone and walking distance to Paringa Park Primary.

The home has 3 bedrooms and two living spaces and the current owners have been in the home for 10 years. It is in a family friendly location as well as a corner site that offers fantastic flexibility to build a dream home at some future time.
Disclaimer: The accuracy of this information cannot be guaranteed and all interested parties should seek independent advice.