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Overview
OPPORTUNITY AWAITS!
This property presents a significant investment opportunity featuring a double brick maisonette constructed in 1955. It comprises six spacious bedrooms and two bathrooms, complemented by generously sized backyards on both sides. The location offers convenient access to nearby shops and public transport, enhancing its appeal for residents and investors alike.
The property is currently divided into two tenancies: 62 Gordon Street is leased on a fixed term until 19th February 2027, generating $200 per week, while 64 Gordon Street is leased until 5th August 2027, with a rental income of $185 per week. Both sides of the home feature low-maintenance yards and carports, providing practical and easy-care outdoor spaces.
Entering 62 Gordon Street, you are greeted by a large lounge room adorned with timber floorboards and block-out curtains, creating a comfortable living environment. The hallway leads to three well-sized bedrooms, all finished with timber flooring and block-out curtains. The main bathroom includes a shower over bath, a wall-mounted mirror, and a separate basin, designed for functionality.
The combined kitchen and dining area in 62 Gordon Street retains its original cabinetry, equipped with a stainless steel sink, an electric upright oven, and a stove top. A split system air conditioner ensures comfort throughout the seasons.
At 64 Gordon Street, the lounge room also features timber floorboards and is fitted with a wall unit air conditioner and roller blinds. The hallway connects to three bedrooms, each with timber flooring and roller blinds. The bathroom mirrors the design of the other side, with a shower over bath, separate basin, and wall-mounted mirror.
The kitchen in 64 Gordon Street is neat and tidy, maintaining the original cabinetry, with an electric upright oven, stove top, and stainless steel sink, complemented by a roller blind on the window.
Outside, the rear yards are impressively sized, with 62 Gordon Street offering a blank canvas for customization, while 64 Gordon Street boasts a low-maintenance garden, ideal for those seeking minimal upkeep.
This property represents an intriguing investment opportunity, offering great value for buyers looking to enter the market or expand their portfolio. Council rates for both 62 and 64 Gordon Street are approximately $1,803.56 per annum. Rental appraisals are available upon request.
Prospective buyers are encouraged to consider their borrowing capacity, with access to mortgage brokers who can provide tailored lending solutions to facilitate the purchase process.
Disclaimer: All information provided is believed to be reliable but is not guaranteed. Buyers should conduct their own investigations to confirm details and inclusions as specified in the Contract of Sale.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Whyalla Norrie SA 5608
Market Insights for Whyalla Norrie SA 5608
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