40 Raintree Terrace, WADALBA NSW

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40 Raintree Terrace, WADALBA

Sold For $915,000

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For Sale

Property Details

Property Type House

Land 611m²

Incredible Investment Opportunity - 4 Bed Home plus Granny Flat

This is an incredible investment opportunity for the astute investor to secure a 7 year old 4 bedroom, 2 bathroom double garage home with a separate 1 bedroom granny flat that was built in 2018 in the highly sought after suburb of Wadalba.

Both properties are currently tenanted with the home currently rented for $530 per week and with a lease in place until February 2022. The granny flat presently is rented for $295 per week with a lease in place until July 2021. With a total combined rental income of $825 per week and existing tenants in place, this is a wonderful investment opportunity.

The substantial and spacious 4 bedroom home has multiple living areas including a spacious lounge room, tiled living and dining area off the modern kitchen complete dishwasher and pantry.

The main bedroom has a walk-in-robe plus ensuite and the other 3 bedrooms all have built-ins. There is internal access from the double garage plus a covered alfresco area.

Located on the edge of and overlooking recreational parkland facilities, the 1 bedroom granny flat is fully self contained and has an open plan living/dining area plus a front alfresco area.

One of the unique features of this property is that both properties have separate front door access to a road but have an adjoining fence. Hence the residence of each property have private access to their front door with the 4 bedroom home facing Raintree Terrace and the Granny Flat facing Van Stappen Drive.

Situated in an extremely convenient location ideally positioned within walking distance of Woolworths and Coles supermarkets, Wadalba Community School, local childcare facilities and a short drive to Wyong Hospital plus a 10 minute drive to the M1 Motorway.

Don't hesitate or you will miss the incredible investment opportunity or future extended family living option.


•4 Bedroom family home with 1 bedroom Granny Flat
•Main home with multiple separate living areas
•Master bedroom with ensuite
•Covered Alfresco Area
•Double Garage with internal access
•1 Bedroom Granny Flat fully self contained
•Water Tanks for each property

Council Rates: Approximately $1,960 per annum
Water Rates: Approximately $1,200 per annum
Rent Return: $825 per week rent

Features

  • Outdoor Entertaining
  • Fully Fenced
  • Built-In-Robes
  • Dishwasher

Property Brochures

  • Property ID 12Q4FNA

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For Sale

Property Details

Property Type House

Land 611m²

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David Peters

Principal | L.R.E.A

Call 0409...
Lachlan Peters

Sales Consultant L.R.E.A / Auctioneer

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