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Looking for a solid investment? This double brick home certainly has the potential to move straight in and enjoy, or subdivide, build additional units

Lavington

502 Parnall St

Sold for $520,000

3

1

5

Property Features

  • 21105554 Property ID
  • 3 Bedrooms
  • 1 Bathrooms
  • 3 Garage
  • 2 Carports
  • Air Conditioning Split system reverse cycle ducted throughout
  • Land Content Corner block, subdivision potential
  • Land Size 946 Square Mtr approx.
  • Rates $1589.86 Annually
  • Built In Robes Yes
  • Ducted Cooling Yes
  • Ducted Heating Yes
  • Fully Fenced Yes
  • Gas Heating Yes
  • Reverse Cycle Yes
  • Secure Parking Yes
  • Shed Yes
  • Split System Yes
  • Water Rates $852.45 Yearly

Property Description

Looking for a solid investment? This double brick home certainly has the potential to move straight in and enjoy, or subdivide, build additional units (STCA) or lease out and acquire a land bank for the future. The block is reasonably level, with dual road access, a double length carport/pergola entertainment area plus the 2 sheds down the rear of the block. One a good brick workshop with an additional carport, the other a double lockup garage with doors. The home has been in the family for many years and well maintained. consisting 3 bedrooms all with built-in robes, a formal lounge, gas heater with an updated ducted reverse cycle air conditioner throughout the home. The kitchen was updated and in good condition, offering electric appliances, floated timber flooring and adjacent meals area. The main bathroom, also renovated includes a toilet, then there is a second outside which would be very convenient. The laundry is under the same roof, accessed from under the huge covered area outdoors too. Not to stop there, the home also benefits from a newly installed hot water system. An ideal position for a family with younger kids, with 2 schools toward the both ends of the street, plus a high school not too far either. There are parks close by, or an easy walk to the shops. A rental opinion would need to be confirmed by a rental agent, however my thoughts are in the vicinity of $370.00 pw.

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