Under Contract

172 Commercial St, Merbein

$285,000 to $310,000

5 Beds 2 Baths

Invest or Occupy

This unique property is a solid investment offering two residences for the price of one.

Overall there are 5 bedrooms, 2 bathrooms, 2 toilets, 2 living areas and 2 laundries.  Each residence can be operated as a stand alone rental, giving the property a weekly rental income of around $600 per week.

This equates to a 10% return on Capital.

Outside there are 2 carports, rear lane entrance, an external bungalow/storage area with garden and courtyard.

The property is situated in a very good location - close to shops & school.

 

Details

Address 172 Commercial St, Merbein
Price $285,000 to $310,000
Property Type Residential
Property ID 663
Category House

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John Fumberger

0408147001