123 Barnard Street, Wadestown

25960343

Views in Wadestown for Circa $650,000!

Sold
4
2
2
184sqm
1325sqm

What did you say? Yes, here at last is an affordable, elevated home and income that enjoys sweeping city and harbour views. Using the income from the 1-bedroom apartment below, the mortgage to you as an owner would be circa $650,000. So, make the smart move to a premium suburb with the help of your tenant!
Comprising a home of 3 double bedrooms and a large one-bedroom income or granny flat, this property offers:
• Spacious living areas
• Magnificent sea and CBD views
• Fabulous indoor/ outdoor flow
• Walk-on access
• Lovely bush-clad setting
• Further potential and rental upside
• Double garage
• Last rented at $750/ week up, $425/ week down, and currently $50/ week for garaging
• Rental assessment at $1,255/ week
• Help with the mortgage of circa $283,000 @ $400/ week, on principal and interest on a 30-year term at 6.19% when renting the 1-bedroom flat (Source: Moneybox)
• Essentially, this means a 3-bedroom home would be circa $650,000

A fantastic opportunity in this locale, and a short stroll to the city. This is a brilliantly positioned home and income or investment property in a popular city fringe location.
Nest and invest- the best of both worlds!

Please note- the last 3 photos have been virtually staged.

Property Information

Listing ID
T24570
Year Built
1928
Property Type
House

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Disclaimer

The information presented on this page has been prepared, or is based on information supplied, by the property owner or their legal representative. Whilst all reasonable effort is made to ensure the information accessible on this page is current, we do not perform any independent verification in respect of, and we give no warranty as to, the accuracy or completeness of the data and information accessible on or through this page. Information that has been supplied by the vendor or their agents, Tommy’s Real Estate Limited is merely passing over this information as supplied to us and, to the maximum extent permitted by law, we do not accept any responsibility to any party for the accuracy or use of the document or information herein. You should make your own enquiries and we encourage you to seek your own legal advice before acting on the basis of the provided data and information.