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For Sale $495,000 - $520,000

Country Investment – Dual Income/Living

51 Dempsey Street, Wycheproof

  • 3
  • 2
  • 6
  • 700 Square metres
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  • 51 Dempsey Street, Wycheproof
  • 51 Dempsey Street, Wycheproof
  • 51 Dempsey Street, Wycheproof
  • 51 Dempsey Street, Wycheproof
  • 51 Dempsey Street, Wycheproof
  • 51 Dempsey Street, Wycheproof
  • 51 Dempsey Street, Wycheproof
  • 51 Dempsey Street, Wycheproof
  • 51 Dempsey Street, Wycheproof
  • 51 Dempsey Street, Wycheproof
  • 51 Dempsey Street, Wycheproof
  • 51 Dempsey Street, Wycheproof
  • 51 Dempsey Street, Wycheproof
  • 51 Dempsey Street, Wycheproof
  • 51 Dempsey Street, Wycheproof
  • 51 Dempsey Street, Wycheproof
  • 51 Dempsey Street, Wycheproof

Ideally positioned within walking distance to the main street, this professionally renovated property offers outstanding flexibility for investors, retirees or owner-occupiers seeking additional income.

The main residence is an updated two-bedroom vinyl-clad home featuring a new kitchen and comfortable lounge with reverse cycle air conditioning and an electric fan-forced fireplace heater. The main bedroom includes a mirrored built-in robe, while the home is serviced by a stylish bathroom with shower, vanity and toilet. The home has ducted evaporative cooling, quality blinds and fixtures, new floor coverings, rear porch and front verandah. There is also a single garage/workshop.

At the rear of the property, with its own separate access and fencing, sits a new, custom-designed tiny home on a galvanised trailer. Fully self-contained and independently plumbed and wired, it includes a kitchen, bedroom, bathroom and toilet, and is furnished with a bed, TV, fridge, reverse cycle air conditioning and hot water service. Enjoy the sunsets from the timber decked patio. There is also a galvanised iron storage shed and laundry. This home is rent ready or ideal for a relative.

Investment details -
• Main home rental appraisal: $350 per week
• Tiny home rental appraisal: $250 per week
• Combined potential income: $600 per week ($31,200 per annum)
• Approx. 6% return

Set in a welcoming community with excellent amenities including shopping, a well-regarded P-12 school, hospital, chemist, hotels, motel, butcher, IGA and hardware store - all within walking distance or easy reach. A quality asset with multiple income streams and lifestyle appeal - move in, rent out, or both.

Features

  • Air Conditioning
  • Reverse Cycle Air Conditioning
  • Deck
  • Fully Fenced
  • Outdoor Entertainment Area
  • Secure Parking
  • Shed
  • Built-in Wardrobes

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