Lot 8 Pope Ave, Burnside is a 5 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 620m2.
Don't miss the opportunity to buy this high yielding cash flow positive, multipurpose home.
You have options to live in one side, and receive cash income on the other side or rent both sides out and receive 6.5 - 7.5% return on your investment. Rental projection being between $800 - $880 per week approx.
This dual dwelling is like a duplex, but on one title with excellent opportunity to grow in value. Properties of this type are hard to find.
The size of Burnside is approximately 4.8 square kilometres. It has 6 parks covering nearly 1.3% of total area. The population of Burnside in 2011 was 1,948 people. By 2016 the population was 2,393 showing a population growth of 22.8% in the area during that time. The predominant age group in Burnside is 0-9 years. Households in Burnside are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Burnside work in a trades occupation. In 2011, 71.5% of the homes in Burnside were owner-occupied compared with 75.9% in 2016.
Burnside has 1,437 properties. Over the last 5 years, Houses in Burnside have seen a 80.97% increase in median value, while Units have seen a 64.38% increase. As at 31 January 2025:
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