Sold

4 Taylor Street, Marcoola

SOLD

5 3 2 551 m2

Ultimate investment or home+air bnb

Three income streams provide superior cash flow and the position five minutes walk from the beach entry means excellent future growth prospects. It's also an amazing location as far as lifestyle goes, so this property would just as well suit an extended family or those wanting an air bnb business to supplement their mortgage.

• Blend of old beach house & designer living
• 2 x 2 bedroom units + 1 bed granny flat
• Private courtyards and covered decks
• Modernised kitchen and bathrooms
• Updated flooring/painting/lighting
• Covered parking for two vehicles
• Cross road to the beach entry (150m)
• 200m to shops, restaurants & bus stop
• High rental demand under 2% vacancy rate
• Ready to rent or move in immediately
• 5%+ net return ($46,800pa gross income)
• Good growth prospects for the future
• Endless potential, very rare find

Whether you're living here or renting the units out, it's just a short walk to shopping, restaurants and transport. Everything that your tenants need is within easy reach assuring longer term stays. The variation in the units also means the property will appeal to broad target market lessening vacancy periods and offering a flexible floor plan for an extended family moving in. No matter which way you look at it this property offers more than most. Secure your financial future today.

Investment information:
Estimated permanent gross rental return: $900pw/$46,800pa
Rates & Water: Approx. $3450/year
Building insurance: $1670/year
Power (supplied as part of rent): Approx $5500/year

Tender Information:
Offers over $610,000 are invited. Tenders close 4pm Tuesday 19 December 2017. Offers can be subject to finance and building/pest inspection if required.
All offers remain confidential until handed to the owner on the tender date.
For more information call Tony Brown 0411074022 or email tony@mnsr.com.au

Features

Balcony Deck Courtyard Outdoor entertainment area
5 3 2 551 m2

Details

Address 4 Taylor Street, Marcoola
Price SOLD
Property Type Residential
Property ID 2707
Category House
Land Area 551 m2
Floor Area 204 m2

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What our clients say

I am more than happy with the professionalism of the team at North Shore Realty. Right through the whole process Tony and Michael kept us updated on what was happening and the expected timeline for results. My...

Greg R

Micheal is a great agent, always replying in a timely manner and the most helpful with everything big or small when buying a property.

Melissa M

Wedelt with Tony more but Michael did help us as well and we found him very helpful, knowledgeable & very helpful on the occasions we did talk to him

Mark B

We can not fault Tony, he went over and beyond to help us, his service was exceptional, very knowledgeable and kept us informed of everything thats was happening with the buying of our new home, we highly...

Mark B

Very happy with Michael. Was keen to help and make sure the process of purchasing our new home went without any hiccups. Michael was not pushy in any way. Anything we wanted to know he found out and got...

Andrea B

Tony is a very Professional Agent - He's a genuine person who understands the market he works in. I found Tony to be reliable & trustworthy-great communicator & gets you a great price .

Laurie R