44 Boronia Street, INNALOO

Adrian Carey

Property Attributes

  • PriceSold
  • SuburbINNALOO
  • Bedrooms3
  • Bathrooms2
  • Parking1
  • Share

Double Income, Double Potential, Fantastic Location

Just listed, more photos to follow.

Buyers will swarm to this like bees to honey! This is as rare as you can find, has multiple investment options and offers opportunity that is often out of reach, and if that isn't enough it is situated in Innaloo's most sought after street.

What makes it so rear? You seldom find a 933 sqm development block with 2 homes. Think of the possibilities:
a) Develop it into 4 properties
b) Keep both existing homes as investments
c) Home and income, live in one and rent the other out

Collectively the properties are currently rented at $700 per week, so if you need to borrow money they almost support themselves, but if you don't need to borrow money chances are that's a better return than you're currently receiving. So, whether you're buying to develop 4 properties down the track or simply keep both existing homes as investments, you seldom receive holding income this substantial. Even if you want to live in one and rent the other out it offers opportunities that probably would not otherwise be available to you.

Give yourself a real chance and call early, properties like this are rare.

Property Code: 1391