DUAL STREET HOMES OR POSITIVELY GEARED INVESTMENT

Semi-detached POSITIVELY GEARED house at 98 Hamledon Rd, The Ponds which is on the market for $789,000

The following are the main features of the design and the project.

 

  • The house comprises 5 bedrooms, 3.5 baths, and a single garage with one more car parking space in the driveway and is expected to be handed over as a full turnkey package by October 2019. See enclosed list of inclusions.
  • Ground Floor comprising Bedroom 5 along with the Bathroom and Patio can be sublet for atleast $275 per week. This has a separate entrance from Brookfield St. The rest of the house comprising 4 bedrooms, 2.5 bathrooms (including a combined Laundry and Toilet on the Ground Floor) and one Garage has the potential to fetch a rent of $550 per week. The two rentals add up to $825 per week which would make the property positively geared.
  • The Large room downstairs can be used for elderly parents or a home business with an office space like a dentist, accountant, architect, physiotherapist, doctor etc
  • The house has dual street frontage which is quite rare. It has pedestrian access from Riverbank Drive and pedestrian and vehicular access from Brookfield St.
  • Three schools (including one private school) are across the  road from the project.
  • We have sold over half an acre site to a child care centre which means that there is going to be a child care centre within 100m from the homes.
  • The depth of the north facing backyard is approx. 8m instead of 4m minimum backyard depth.
  • There is a bus stop opposite the project.
  • There is a new train station (Tallawong train station) within 5 minutes’ drive to the project expected to be starting operations prior to the completion of the project. This train station has 1000 car parking. See link   https://www.sydneymetro.info/station/Tallawong-station
  • The Ponds shopping centre is a 3 minute drive.
  • The semi-detached houses are not duplexes which are strata titled where strata levies are payable. These are 200m2 torrens titled lots (as compared to strata titled where strata levies are payable and the land is not owned by the owner).

 

To book one of the houses, one has to pay a $2,000 non-refundable deposit followed by exchange of contract @5% (less $2,000 paid earlier) followed by another 5% 3 months after exchange. The balance has to be paid at the handover of the house.

CALL SUBODH NOW ON 0450 548 466

5 3 1
Suburb The Ponds
Address 98 Hambledon Rd
State NSW
Price $789,000
Property Type residential
Property ID 160
Category House
Land Area 200 m2
Floor Area 189 m2

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Subodh Kode

0450 548 466
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