4 Mignon Court,
ARMADALE

5 Beds
2 Baths
1 Car
Sold $600,000

UNDER OFFER BY TEAM ASH!

NEVER SEEN BEFORE. HUGE RENTAL YEILD

So, whats the catch? Well the owner rents out individual rooms, and currently lives in the property as well. The actual rental income right now is $1,160, but the owner is prepared to stay in the house and pay the new owner $300per week for his current room. Most tenants have been in the property for many years, in fact the granny flat has been leased out to the same tenant for 10 years!

INSIDE:
Should you just like to buy a very comfortable and safe home here it is. The home has secure frontage. Inside the home is four bedrooms one bathroom. Master bedroom has its own dressing room should you desire. The kitchen is spacious with a hidden away nook used now as a bar. Plenty of cupboard space. Dining and family room are combined but still close enough for mum from the kit to keep an eye on the kids. All other bedrooms are spacious. The home has a number of fans through out or just enjoy the evaporative air con.

GRANNY FLAT:
Fully self contained, but under the main roof, with its own electrical sub meter. Current tenant has been in the granny flat for over ten years, and it offers easy living away from the rest of the property. It's a large sized granny flat, with ensuite, bedroom, with open plan kitchen, dining and lounge area.

OUTSIDE:
A enclosed salt water pool with extra space to lounge around is situated out the front of the home. Plenty of parking at the front of the home, as well as a secure carport with roller door. Large back patio and neat and tidy lawn area for all residents to enjoy.

INVESTORS:
See below each rooms current weekly rental rate. We need to advise you that their are currently no written rental agreements with any of the tenants, renting out rooms is very different to renting a whole property, so we suggest you do your own research so that you are aware of the benefits and risks.
• Bedroom 1: (current owners room, but prepared to pay $300 per week)
• Bedroom 2: $270 per week
• Bedroom 3: $270 per week
• Bedroom 4: $300 per week
• Granny Flat: $320 per week
THAT IS A TOTAL OF $1,460 per week or $75,920 per Annum!

LOCATION:
Set on a quiet street, close to the popular Haynes Shopping centre, there is plenty of local amenities. You'll be just moments away from local schools, parks, shops, and public transport options, ensuring that everything you need is within reach.

HOW TO VIEW:
Walkthrough video available on request. In person viewings available by appointment only. Please enquire on this property and we will be in touch to assist you with any questions you might have.

PROPERTY PARTICULARS:
• Build Year: 1997
• Block Size: 709sqm
• Living Size: 205sqm
• Water Rates: $1,127
• Council Rates: $2554
(all values are approximated)

Features

  • Land is 709m2

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Ash Swarts
Ash Swarts
Residential Sales Consultant
Ashton Dekker
Ashton Dekker
Buyer Manager for Ash Swarts