Calling All Investors...
Offers Over $329,000
18 Malunga Street, Kings Meadows
Located in the increasingly popular Kings Meadows, only a short walk to shopping centres, doctors, and schools. This immaculately presented home has been pleasantly maintained and tastefully updated since being built, in 1965. A well designed sunny open plan kitchen, dining and living area is finished with polished floorboards, a cosy built in wood heater and convenient large reverse cycle air conditioner. The functional and recently updated kitchen boasts good storage space and island bench/breakfast bar. You will appreciate the benefit of an internal access single car garage and workshop space downstairs with ample storage throughout the lower level of the home also incorporating the large laundry, with rear yard access close to the clothesline. The recently renovated upstairs bathroom is spacious and well-designed and is central to three of the bedrooms, two with built ins, and all with quality floor coverings. This is where the home becomes interesting, the main level has the added bonus of two extra bedrooms and once again a second central bathroom. The opportunity to separate this part of the home for teenagers/parents or joint tenancy (STCA) is added, due to a second kitchen and second living area, also with a reverse cycle air conditioner. A large double garage sits at the end of the driveway and well maintained gardens which all add to the feeling of coming home. 10 x 300 kw Solar Panels, low maintenance secure rear yard, with 4 access points to the home. These are all features that will continue to tick boxes for buyers. Investors will be excited to know that this property is currently tenanted at $440 p/w (an excellent return), with a wonderful tenant in place until January 2019. A property like this with such diversity and opportunity is rare in the current market and will not last long.