26 Amundsen Grove, Stokes Valley
DEADLINE SALE / CLOSES 12PM THURSDAY 5TH DEC (if not sold prior)
Discover the potential in this unique offering at 26 & 26a Amundsen Grove. With two distinct flats on one title, this is an ideal investment for those ready to add value or a great opportunity for multi-generational living.
Top Flat – 3 Bedrooms (A Renovator’s Dream)
The upper-level flat provides a generous 3-bedroom layout that invites you to roll up your sleeves and bring your vision to life. While it’s in run-down condition, this flat holds vast potential for those ready to undertake renovations. With a bit of creativity and effort, it can become a charming and comfortable home. Here’s a chance to make your mark, whether as an investment or a personal project. It offers a single car garage with internal access and a wood burner.
Bottom Flat – 2 Bedrooms (Modern & Tidy)
The ground-level flat is move-in ready with a more contemporary feel. This unit boasts a well-maintained open-plan kitchen and living space that offers both style and function. With one spacious double bedroom and an additional single bedroom or potential home office, there’s flexibility for a variety of living arrangements. From the living area, enjoy views over the nearby park and a scenic outlook across Stokes Valley.
Tenancy & Investment Return
Both flats are currently rented on periodic tenancies, returning a combined rental income of $790 per week. With a Capital Value (CV) of $560,000, this property provides a gross annual yield of approximately 7.3%, making it a strong investment opportunity in today’s market.
Features:
Top Flat: 3 bedrooms, in need of renovation – a perfect opportunity to add value.
Bottom Flat: Tidy, modern open-plan kitchen and living, 1 double bedroom, 1 single bedroom/office.
Location: Situated in a quiet cul-de-sac, with scenic views over Stokes Valley and close to local amenities and parks.
With its potential for improvement and solid structure, this property invites you to shape it to your liking. Ideal for investors, renovators, or those seeking a dual-living arrangement, 26 & 26a Amundsen Grove is ready to welcome its new owners.
Rates: $4,005.40 pa
Contact me today to explore the possibilities!
DEADLINE SALE / CLOSES 12PM THURSDAY 5TH DEC (if not sold prior)