Priced below valuation to clear. Tenanted until June 23rd next year at $500 per week, this is a great opportunity. Ferndale is still growing in value. With the nearby high school undergoing a Multi million dollar building program, this suburb continues to boom.
This big recently renovated 3-4 bedroom, 1.5 bathroom family home features multiple big open living areas, as well as a big alfresco, beautifully renovated kitchen and wet areas, as well as generous bedrooms, and a 4th bedroom / study.
Returning $26,000 per year gross. With a 20% deposit this is a 5.66% return on investment, before the current 6.6% capital growth. Where can you get a return of 12.26%? Over the past 3 years, Ferndale has averaged 8.9% compounding capital growth. If you are looking to invest and can't, see this as an amazing buy opportunity, you are crazy.
Recently renovated, airconditioned, reticulated easy care garden, lock up garage, sparkling below ground pool, all on an elevated 726 sqm block, this is too good to miss out on.
• 726 sqm elevated block
• 3-4 bedrooms
• Two 3 big open living areas
• Recently renovated
• Lovely kitchen
• Lovely bathroom
• Big bedrooms
• Heaps of storage
• Big alfresco
• Fenced BG Pool
• Lock up garage
The content herein does not constitute financial advice, please seek qualified independent advice before investing.
This property at 23 Lyndhurst Crescent, Ferndale is a three bedroom, one bathroom house sold by Don Asplin at Professionals Prowest Real Estate on 20 Nov 2022.
Looking to buy a similar property in the area? View other three bedroom properties for sale in Ferndale or see other recently sold properties in Ferndale.
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