Property ID: 1P4804
36 Panonia Road Wyong NSW
$ 830,000
- 4
- 3
-
Unit
-
Sold
-
1416 sqm
-
20.1 meter
-
$2,943.98 Per Year
-
$912.89 Per Year
TRIPLE INCOME INVESTMENT ON 1416M2
Set upon a large 1416m2 (approx.) lot and positioned in a top location on the East side, within walking distance to the heart of town this property is a highly desirable piece of Wyong Real Estate. Welcome to 36 Panonia Road, Wyong.
Boasting a current income of $710 per week and plenty of room to improve, this unique property has been divided into 3 separate flats all under the one roof and offers a great opportunity for the investor to improve and maximise their rental yield.
Unit 1 is currently returning $240 per week and offers 2 bedrooms, 1 bathroom, a living area and kitchen.
Unit 2 is currently returning $250 per week and offers 1 bedrooms, 1 bathroom, a large living area and kitchen.
Unit 3 is currently returning $220 per week and offers 1 bedrooms, 1 bathroom, a living area and kitchen.
There is plenty of opportunity to improve each unit by cosmetically renovating, this will in turn increase the potential return.
The land itself is a predominantly clear and level 1416m2 block with an R2 Low Density Residential Zoning. The frontage is a wide 20m (approx.) providing the potential to subdivide S.T.C.A.
• Approximately 1416 m2.
• Zoning R2 Low density residential.
• Fenced down both sides and at the rear.
• Walk to local schools, shops, rail and CBD
• 3 separate incomes under the one roof all on one title.
To receive an information e-book on this property sms '36PANONIA' to 0429 272 028.
DISCLAIMER: This advertisement contains information provided by third parties. While all care is taken to ensure otherwise, First National Real Estate Coastwide, does not make any representation as to the accuracy of any of the information contained in the advertisement, does not accept any responsibility or liability and recommends that any client make their own investigations and enquiries. All images are indicative of the property only.
Boasting a current income of $710 per week and plenty of room to improve, this unique property has been divided into 3 separate flats all under the one roof and offers a great opportunity for the investor to improve and maximise their rental yield.
Unit 1 is currently returning $240 per week and offers 2 bedrooms, 1 bathroom, a living area and kitchen.
Unit 2 is currently returning $250 per week and offers 1 bedrooms, 1 bathroom, a large living area and kitchen.
Unit 3 is currently returning $220 per week and offers 1 bedrooms, 1 bathroom, a living area and kitchen.
There is plenty of opportunity to improve each unit by cosmetically renovating, this will in turn increase the potential return.
The land itself is a predominantly clear and level 1416m2 block with an R2 Low Density Residential Zoning. The frontage is a wide 20m (approx.) providing the potential to subdivide S.T.C.A.
• Approximately 1416 m2.
• Zoning R2 Low density residential.
• Fenced down both sides and at the rear.
• Walk to local schools, shops, rail and CBD
• 3 separate incomes under the one roof all on one title.
To receive an information e-book on this property sms '36PANONIA' to 0429 272 028.
DISCLAIMER: This advertisement contains information provided by third parties. While all care is taken to ensure otherwise, First National Real Estate Coastwide, does not make any representation as to the accuracy of any of the information contained in the advertisement, does not accept any responsibility or liability and recommends that any client make their own investigations and enquiries. All images are indicative of the property only.
Features
- Living Area
- Close to Schools
- Close to Shops
- Close to Transport
