20 Birribi Ave, Nerang QLD 4211, Australia
Nestled on a big level block beside the Nerang River and close to the CBD with two homes on one title under one roofline and with long term tenants, presently returning $900 per week.
3 bedrooms and 2 bedrooms, each metered separately, making it an ideal investment and easy to convert back to one large home if needed. Great value!
Home 1: Tenanted at $380p.w
• Two Bedrooms; en-suite and walk through robe to main
• Upstairs lounge with study nook and balcony
• Open kitchen adjoining large dining and family area downstairs with powder room and shower
• Air conditioning
• Double carport plus low maintenance covered front patio area
• Lot Area approx. 192m2 – Two story dwelling
Home 2: Tenanted at $520p.w
• Three Bedrooms
• Main Bathroom and laundry
• Open plan living, high pitched ceilings and air conditioning
• Huge tri-steel LU work shed and covered outdoor living area
• Lot Area approx. 780m2 – SIngle level dwelling
• Updated Rental Appraisal – $450 + $600 = $1050 per week
If renovated, potential return would increase significantly.
Land and Location:
• Large level 972m2 lot overlooking Nerang River
• The property is NOT in a floodplain, please refer to local government overlay maps in link
• Short walk to Nerang CBD, schools, parks and all town facilities
A brilliant investment!
Viewings available at our scheduled Open Houses every week until sold.
Building and Pest Report Available on request contact Andrew
