17 Lyndley St, Busby is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 601m2.This Property is currently listed for rent with Prestige Estate Agents
Why you'll love it;
Situated in the family friendly suburb of Busby, this is the opportunity of a life-time. 17 Lyndley Street presents two residences on one block, a modernly updated main residence, and a newly built granny flat. With updated features throughout, the benefits are plentiful, offering investors an ultimate opportunity with a potential combined rental income of approximately $1,200 P/W . Whether you're seeking to build duplexes (S.T.C.A), land bank or seek for future development this exclusive property features R3 zoning with massive future growth.
All set on approx. 601sqm, this dual-occupancy property enjoys a convenient setting, positioned in a quiet and elevated location within just moments to Green Valley Plaza, Miller Central and a short distance walk to the public transport T-way Bus Stop, this is arguably the best location close to all amenities and needs for all.
Main House Featuring;
• 3 Bed | 1 Bath
• Spacious renovated kitchen with stone bench tops and quality appliances
• Split system A/C
• Large driveway with a carport
• Modern high end appliances
• Potential rental return of $650 p/w
Granny Flat Featuring;
• 2 Bed | 1 Bath
• Open plan living area
• Tiled throughout
• Split system A/C
• Separate extra bedroom and living room
• Potential rental return of $550 p/w
Perfect for: Growing families looking for the potential to either rent out the granny and subsidize the mortgage, families looking to consolidate all within the same home with space to move, and investors after a rare and attractive yield in a highly desirable suburb and/or land bank for future area growth.
The size of Busby is approximately 1.2 square kilometres. It has 9 parks covering nearly 12% of total area. The population of Busby in 2011 was 4,208 people. By 2016 the population was 4,302 showing a population growth of 2.2% in the area during that time. The predominant age group in Busby is 0-9 years. Households in Busby are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Busby work in a machinery operators and drivers occupation. In 2011, 51.5% of the homes in Busby were owner-occupied compared with 47.7% in 2016.
Busby has 1,458 properties. Over the last 5 years, Houses in Busby have seen a 68.27% increase in median value, while Units have seen a 19.99% increase. As at 31 August 2024:
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