87 Hill Rd, Lurnea is a 5 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 794m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Attention Buyers and Investors .. .. this is an amazing opportunity not to be missed and will not last long! This well-presented Home plus Granny flat is on a large parcel of land over 790 sqm, with a frontage of 19.9 meters and is perfectly positioned in a prime location. Both dwellings are fully tenanted with great tenants who are very eager to stay.
The residence is situated in a great location right next to the new sporting complex at Phillip Park and also next to schools, shops and transport at the door. With a combined rental return of $950 per week, this is a great opportunity for the smart investor or the new homeowner to take advantage of an extra income or separate in-law accommodation, without a doubt. Make use of the great facilities that are at your fingertips, with not a cent to spend on these properties and being very well maintained by current tenants.
This very well presented home has it all! Previously renovated before the current tenants moved in, it features 3 well-sized bedrooms all with BIW's, large kitchen, modern bathroom, L-shaped lounge and dining area with an internal laundry.
The brick granny flat is only 7 Years young, with a separate driveway and parking. It is very impressive and must be seen. It features top quality inclusions, 2 spacious bedrooms all with BIWs, and an open floor plan including a dining and lounge room and a separate study, modern kitchen with stainless steel appliances, a large bathroom, and internal laundry.
Both properties are fully tiled with new spilt-system air conditioners and the yards are fully fenced.
With plenty of options, this opportunity cannot be overlooked. Come see for yourself.
The size of Lurnea is approximately 2.6 square kilometres. It has 14 parks covering nearly 10.5% of total area. The population of Lurnea in 2011 was 8,610 people. By 2016 the population was 9,330 showing a population growth of 8.4% in the area during that time. The predominant age group in Lurnea is 0-9 years. Households in Lurnea are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lurnea work in a trades occupation. In 2011, 59.4% of the homes in Lurnea were owner-occupied compared with 57.2% in 2016.
Lurnea has 3,317 properties. Over the last 5 years, Houses in Lurnea have seen a 54.95% increase in median value, while Units have seen a 44.48% increase. As at 31 October 2024:
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