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Overview
Contracted $125k Return | Hampton Luxury | 3-Year Leaseback | Box Hill Homeworld
This property is a multi-award-winning Hampton style masterpiece, crafted by a reputable builder and designed by Bruce Fyffe. It features a fully contracted 3-year leaseback arrangement, providing a secure investment with a rental return of $125,000 in the first year, increasing by 3% annually. After the leaseback period, the home will be returned in pristine condition.
Located on one of the most prestigious streets in Box Hill's Homeworld precinct, 44 Noah Street boasts exceptional street presence and a replacement cost exceeding $3.2 million. The home spans approximately 45 squares, combining luxury living with a secured investment opportunity.
Investment Details:
- Contracted rental return of $125,000 per annum in Year 1
- Year 2 rental return of $128,750
- Year 3 rental return of $132,613
- 3% fixed annual increase in rental income
- 3-year leaseback to current owners
- Fully furnished, including a complete Miele appliance suite with washing machine and dryer
Construction and Structure:
- Full brick construction on the ground floor
- Suspended concrete slab and concrete stairs
- Timber flooring throughout the home
- Vaulted ceilings enhancing the spacious feel
- 200mm skirting boards adding to the classic finish
- Large single-piece glass window overlooking a resort-style pool
- Toilet and sink facilities in the garage
Kitchen Features:
- Classic Hampton kitchen design with 40mm Smartstone benchtops
- Large pantry with a second dishwasher for convenience
- Integrated fridge
- Full Miele appliance suite
Living and Entertaining:
- Heated floors in the living areas for comfort
- Gas fireplace with a stone chimney feature creating a cozy atmosphere
- Opening alfresco roof for indoor-outdoor living
- Large format wall and floor tiles
- Designer lighting features throughout
- Ceiling heights of 3 meters on the ground floor and 2.7 meters on the first floor
Bathrooms:
- Heated floors for added luxury
- Polyurethane vanities with stone tops
- Large format tiles throughout the bathrooms
Technology and Security:
- 10kW solar system to reduce energy costs
- Security alarm system
- Video intercom for added safety
Location Benefits:
Box Hill is one of Sydney's fastest growing and most sought-after communities. The Homeworld precinct represents the pinnacle of this area, with Noah Street situated at its heart. The location offers premium street presence, quality neighbors, and excellent access to schools, retail outlets, and major roads. Properties of this calibre, which are completed and income-producing from day one, are exceptionally rare.
Disclaimer: The information provided has been supplied by the vendor and has not been independently verified. Prospective buyers are advised to conduct their own inquiries and seek independent legal, financial, and building advice before purchasing. All figures are approximate, and rental projections are indicative only and do not constitute financial advice. This property is marketed in accordance with the Property and Stock Agents Act 2002 (NSW).
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
Box Hill NSW 2765
Market Insights for Box Hill NSW 2765
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