Do not miss this incredible investment opportunity! We have a fantastic property available for sale in Belmont North that offers great potential for both immediate rental income and future development. Here are the details:

The main house is in original condition and comprises of 3 bedrooms, 1 bathroom and a detached single garage all nestled on a comfortable 664m2 block.

This property is currently tenanted with a reliable tenant in place who is paying $490 per week. The lease agreement extends until December 2023, ensuring a steady and consistent income for the new owner.

That is not all! This property also presents an ideal opportunity for further development. With the potential to build a granny flat (subject to council approval), you could unlock an additional stream of income. Imagine the possibilities of additionally generating between $380 to $480 income per week by adding a 1 or 2 bedroom granny flat!

When it comes to building a granny flat, we have you covered. Speak with Paul Chapman on 0412 441 963 from Backyard Granny Flats as it is a reputable and experienced company, can help you make your vision a reality. They specialise in designing and constructing top-quality granny flats that blend seamlessly with your existing property.

With this prime investment opportunity, you have the chance to secure a property that not only provides immediate rental income but also offers the potential for long-term growth. Take advantage of the high demand for rental properties and the increasing popularity of granny flats in the Belmont North area.

Don't wait! Contact us today to arrange a viewing and explore the possibilities this property has to offer. This is your chance to make a smart investment move. Act now and reap the rewards.

Granny Flat Approximate costings:
1 bedroom granny flat $170,000
2 bedroom granny flat $190,000

Council Rates: $497.00 PQ approx.
Water Rates: $768.00 PA approx. plus Usage





Disclaimer: We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including and without limitation, any income, rentals, dimensions, areas, zoning, inclusions and exclusions.