As a rental investment, an affordable first step on the property ladder or a comfy, convenient home for a single person or couple, this Middleton Road unit is a pearler.
It’s only 1.5km from the shore of iconic Middleton Beach and the attractions of the tourist precinct as well as bars, cafes and restaurants. In the other direction, it’s only a little further to the centre of town for a diversity of shops, entertainment and amenities.
This is a brick and colorbond unit in a neat, well-maintained complex, an end unit as part of a duplex pair.
The front door opens onto a lounge with air conditioning and a gas fire - a pleasant, carpeted room with a big window for natural light.
There’s space for a meals table and the adjoining kitchen has gas cooking and a window over the sink looking onto the back yard.
Both bedrooms are doubles, one with a built-in robe, and the laundry and bathroom are combined to make the best use of space, with a walk-in shower, vanity, trough and room for laundry appliances as well as a separate toilet.
A small garden at the front is easy to maintain and there’s a private back yard with a garden shed, a paved patio and an area of lawn.
The complex has numerous car spaces, including some for visitors.
The 1980s unit is clean and tidy, though a modernisation project would really boost its appeal as well as its value.
However, investors could expect good returns renting it out just as it is and new owner-occupiers could do it up over time.
It is currently leased at $340 a week until June 2024.
Discover the value on offer here, and the advantages of an easy-care home in a top location.
What you need to know:
• Brick and tile unit
• About halfway between beach and town
• Well-maintained complex
• Affordable rental investment or home for single person or couple
• Air-conditioned, carpeted lounge with gas heater and space for meals table
• Kitchen with gas cooking
• Two double bedrooms, one with built-in robe
• Combined laundry and bathroom with shower, vanity, trough, separate toilet
• Enclosed back yard with garden shed, patio, lawn
• Car spaces within complex
• Leased until June at $340 a week
• Council rates $2,134.89 per annum
• Water rates $1,525.99 per annum
• Strata fee $1,800 per annum
This property at 5/161 Middleton Road, Mount Clarence is a two bedroom, one bathroom unit sold by Jeremy Stewart at Merrifield Real Estate on 05 May 2024.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Mount Clarence or see other recently sold properties in Mount Clarence.
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