Gorokan

14 Merrendale Avenue

4 3

SOLD - $940,000

Dual Occupancy - Exceptional Value

Exceptional value mere meters from the lake in one of the area's most profitable positions.
Modern, comfortable & minimal maintenance properties have their own yards & enjoy plenty of space & privacy, creating the ideal hassle-free portfolio addition.
Attractive income earner for astute investors with approved granny flat, separately metered water & electricity & a current rental return of $930 per week.
Exceptional convenience with lakefront, major shopping, schools & transport all within easy reach. Set & forget, invest in your future & reap the instant rewards.

Approved granny flat at rear;

2 bedrooms

Ensuite

Built in wardrobes

Air conditioning

Separately fenced yard

Current rental return of $420

Front Cottage;

2 bedrooms

Built -in wardrobe to master suite

Air conditioning

Undercover entertaining deck

Current rental return of $510

Separately metered for power & water

Currently returning combined $930 per week

Lakefront at end of street

Easy walk to schools, bus stop & all amenities

Short stroll to Lake Haven shopping center

Approximate outgoings;

Land Rates: $1,626 per annum

Water Rates: $ 2,024 per annum (for the entire multi-premise property).

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