Nestled in the heart of Birkenhead on a generous freehold section at 15b John Court Street, this residential property boasts a unique legal Home & Income opportunity. Constructed in 2018 with wood walls and an iron roof, both dwellings are in good condition, featuring 4 bedrooms and a vast floor area of 134m2. The property's CV has seen a remarkable increase from $1,050,000 in 2017 to $1,250,000 as of June 2021, indicating a growth rate of 19.05%. The HouGarden AVM estimates the property's value at $1,160,000, making it an attractive prospect for investors. The location is further enhanced by its proximity to highly rated schools such as Northcote Intermediate School (Decile 6), Northcote College (Decile 7), and Birkenhead School (Decile 9), all within walking distance.
With a history of stable tenancy and a combined rental return of $1,145 per week, these low maintenance homes offer practical layouts and quality fittings. Each dwelling has its own carport, garden shed, and additional parking, set privately amidst mature trees. Whether you're looking for a home for extended family, a first home with rental potential, or simply to expand your property portfolio, this property is a rare find in the sought-after Central Birkenhead area.
Enjoy the convenience of nearby public transport, cafes, shops, and restaurants, while the property's easy-care nature allows you to focus on the pleasures of life. Opportunities like this, with strong demand and a solid investment return, are not to be missed. Don't delay in securing your viewing of this exceptional property.
Updated on June 07, 2024