North East Valley - Renovated Valley Villa

Description

$800,000 firm.
This fully renovated villa offers a blend of modern comforts and practical living. Currently configured as a five-bedroom with a large laundry/storage room that can easily be converted back to a sixth bedroom, providing ample space for a group of tenants. It includes a full bathroom, an additional shower room, and a separate toilet, ensuring convenience for multiple occupants.
The large modern kitchen is equipped with plenty of bench space and flows into a spacious living area, which is heated by a heat pump to keep you warm during the colder months. The living area opens onto a large deck and backyard, perfect for outdoor entertaining. The villa is double glazed throughout, features a ventilation system, and meets healthy homes standards, ensuring a comfortable and healthy living environment.
Meticulously maintained by the current owners, the property boasts plenty of off-street parking for several vehicles. Located on the sunny side of the valley, it enjoys excellent sunlight all year round. The villa is just a few minutes' walk from the Gardens Shopping Centre and within easy reach of the University, making it an ideal location for students.
Currently let until 31st December 2025 at $1050 per week as a five-bedroom flat, the property has an expected rental return of $200-$210 per room as a six-bedroom flat for 2026. This villa presents a perfect opportunity to add to your investment portfolio or serves as an ideal option for parents seeking a secure, fully renovated investment property for their children while they attend University.