6 Peggy Street Swansea

$687,000

5 3 2
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Rare Opportunity in the Heart of Swansea - Dual Occupancy, 3 Units

This single Torrens Title property offers the family or investor a great opportunity to live with the extended family or rent out for a positive return. The property offers a 1 bedroom townhouse along with 2 x 2 bedroom units on the same title, all separately metered for electricity and water.

There are several applications for this property. Live in one unit and rent the other units out or house the entire family including parents.

If you are looking to invest then the potential return is:
Unit 1: Currently $290 a week needing an increase
Unit 2: Currently $290 a week needing an increase
Unit 3: Currently $260 a week needing an increase

The above figures are based on renting out the property in the traditional method, this is not air BNB which would provide an even greater return.

Not only is the potential return excellent on this property, the capital growth indicators are also strong. Location is everything in real estate and this home is all about position, it is on the border of Swansea and Caves Beach. Just an easy flat walk in to the shopping precinct, public transport is nearby along with the highway to Newcastle and Sydney.

Features:
Unit 1:
Open plan lounge & dining
Kitchen in functional condition
Large laundry
2 bedrooms with built in robes
Bathroom has full size shower & full size bath
Large single garage


Unit 2:
Open plan lounge & dining
Kitchen in functional condition
Large laundry
2 bedrooms with built in robes
Bathroom has full size shower & full size bath
Large single garage

Unit 3
Open plan lounge, dining & kitchen
Laundry
Upstairs-
Main bedroom with built in robe & ensuite
Patio entertaining area

This property has been an excellent investment for the current owner. It has appreciated markedly over the years while maintaining a positive return. It has been priced appropriately so prospective buyers need to get along to view this property.

Property Features

  • Land Size : 682.90 m2
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Property ID: 3314778

Lance Jensen

Lance Jensen

0432 636 690

Location map for 6 Peggy Street Swansea

Contact Office

Dowling Eastlakes - Belmont

603 Pacific Highway

BELMONT 2280

T 02 4947 7877

F 02 4947 7888

This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.