23 Caley Street, Frankston North, Vic 3200

Sold: $325,000 (05-05-2011)

23 Caley Street, Frankston North, Vic 3200 3200
SOLD
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An opportunity for an almost guaranteed investment like this rarely presents itself.
Offering a 3 bedroom family home + a self contained bungalow on the rear and all on a large corner allotment.

Options:
Rent the home out: $270PW
Rent the bungalow: $160PW
Rental income of Approx $430pw = 6.5% - 7.5% rental yield (approx)
AKA a great investment

House:
3 large bedrooms
Sizable lounge with built in bar, gas heater and access to pergola area via sliding door
Light filled kitchen with upright stove/oven and pantry
Meals area of kitchen
Family bathroom with bath, shower, vanity and separate toilet
New carpets throughout
Tilt slab concrete walls (forget about damage from tenants)
Single lock up garage with power and lighting

Bungalow:
Lounge area
Kitchenette with oven/cook top
Large bedroom
New carpet through out
Bathroom with shower, toilet and vanity

With East link placing the city less than an hour away and the future Frankston by-pass also promising to see local property prices soar; this is an opportunity not to be missed! Call to book your inspection today

Sold History

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