Dual income, great location

3 Aspen Grove, Fernhill, Queenstown

Auction

5

2

2

4x Off-street parks

Residential For Sale

Auction to be held at 1pm Thursday, 19 Sep 2019 (Unless sold prior)
Land Area: 724.00 m2.    Floor Area: 158.00 m2.    

Description

Investors take note! These two well-maintained units on a freehold title offer an unrivalled investment opportunity in a popular location. Live in one and rent the other to help with the mortgage, or maximise your returns by tenanting both.

Positioned in Aspen Grove, the properties are handy to the bus route or less than five minutes drive to central Queenstown. Comprising 158sqm of space in total, a clever configuration gives privacy to each dwelling.

The three bedroom unit is private, quiet and filled with light. Generous open plan living/dining has a big window looking out over the neighbouring creek.

The two bedroom unit is double glazed, has open plan living/kitchen and also takes advantage of the natural outlooks.

Both units are fully insulated to meet the new tenancy laws, and there are four off-street parking spaces to make life easier for residents. Each home has a heat pump for powerful and efficient warmth all year round.

A unique investment opportunity with dual income streams in a great location.

Boundary indicative only.

Auction Thursday 19th September 2019 at 1pm, Colliers International, Top Floor, 10 Athol Street, Queenstown. Prior offers considered.

Click here to view ebook

Features

  • Two neighbouring units on one title
  • 1 x 102sqm three bedroom home plus 1 x 56sqm two bedroom home
  • 724sqm section with mountain and creek outlooks
  • Current rental returns: 3B - $700 per week fixed tenancy until 14/06/2020. 3C - $580 per week fixed tenancy until 29/11/19

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