Under Contract
5 Eleanor Street, Miles
UNDER CONTRACT
| 4
| 2
| Land Area  1,011 m²
Large solid timber home with fresh interior paint.
Large 1011 m2 allotment with the potential for DA approval to subdivide into 2x 405m2 lots. This may be the opportunity for a second dwelling with council approval. How about plenty of room for a shed or the caravan… Walking distance to town, across the road from the bowls club, very close to both primary and high schools.

An open plan entry, kitchen and living area
Modern Kitchen
4 spacious bedrooms, 2 with built in robes
2 Bathrooms – simple and functional
Classic timber floors ideal to be polished to forma glory
Wood fire heater
Main bathroom with shower and toilet
Interior is freshly painted
Reverse cycle air conditioning throughout most of the home
Enclosed outdoor area
Separate laundry

Outside –
Expired DA approval to subdivide into 2x 405m2 lots (documents can be provided)
405m2 lots have 6ft timber boundary fencing installed
Apparent stormwater installed for additional lot
Garden Shed
Established shade trees, external boundary fence

Rates/water - $1,300/ half year approx.
Rent Appraisal - $380-$420 per week*
Return on investment of 7.5% gross**
Single Title – No Body Corp

Inspect and Present your Offer.

Call or text Jason to arrange your inspection today - 0429 110582.

*Contact Aimee regarding the Miles rental market & how we can manage your investment - 0429 494 567
**7.5% based on a purchase price of $265,000 and rental return of $380/week

NB: Prospective purchasers should satisfy themselves by inspection or otherwise as to the accuracy of the above details.