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$429,000

2 Bed | 1 Bath | 4 Car

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18 Ceduna Street, Mount Austin

Savvy Investment Opportunity

Quite the surprise package in Mount Austin. A two storey 1960's blonde brick build with much of the charm of the art deco period still evident internally.

The upstairs of the building is a fully renovated two bedroom, art deco flat which is light and airy and accessible from the rear of the building. This accommodation offers a brand new kitchen with stainless steel appliances, including a huge gas burner cooktop; beautifully fitted out bathroom in neutral tones with stone vanity. There is a very generous lounge room/dining room with new vertical blinds. The property has stunning polished boards and offers excellent storage throughout. This accommodation is being offered fully furnished with brand new modern pieces, up to and including mounted televisions. This portion of the building is securely tenanted at $350.00 per week.

The building contains a fully functioning Hair Salon on the ground level with north facing frontage and rear lane access to the car park and facilities. This portion of the building is securely tenanted at $320.00 per week.

The entire property is rented out for a total of $670.00 per week - projecting a return exceeding 8%.

Your committed Agent for 18 Ceduna Street is Christa Lindsay of Remax Elite. For further information or to arrange an inspection please phone Christa on 0417 685342.

*All information contained herein is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Property Features
Property ID 12529733
Bedrooms 2
Bathrooms 1
Garage 4
Land Size 404.7 m2
Rates $1555.62 Yearly

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