219 Ridge Road, Mount Dandenong
- 4 bedrooms
- 2 bathrooms
- 1 car space
- Approx 908 Square metres
Genuine 5% Return ... Legal Dual Occupancy with 2 tenants in Occupation! Owners now seeking sale - offers invited!!
If you know what makes rental properties popular you will be impressed by the aerial shot and this properties proximity to everything that Mount Dandenong has to offer. It is a universal truth that tenants everywhere are looking for low rent, level land for easy access, off street parking and only a short walk to buses and shops. Well this property has a tick in every one of those boxes No mean feat for a property located on the Mountain!!!.
There is nowhere on the mountain better suited to rental than this property is.
One end of the building houses a larger 2 bedroom + study (or 2nd living area) unit with double bedrooms and also received a renovation by the owner approx 15 years ago when she moved in. This unit benefits from a lock up garage with remote door and internal access. The second unit at the other end of the building is a smaller 2 bedroom with its own driveway and yard. This unit has now had new carpet installed, new stove and minor freshening up, ready for a new tenancy.
The best part of all is it is a mere 83m level walk to the Shops!!! Thats right 83 metres, some people's letterbox is further to walk than that!
With both units seperately metered (except water), separate driveways off different roads and completely separate garden areas this property is the perfect investment.
With 1 solitary step into each of the units (or install a small ramp), the mass appeal of such a property from a tenancy perspective, is huge! If you want a property that would always lease and lease quickly, how can you go past this one?
Try and find another one with all the attributes of this property, we challenge you!
Estimated monthly repayments based on advertised price of $750000.
Interest Rate (p.a)