1a Lyndall St, Harristown is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 771m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Having a trouble-free asset with a good return is the goal of every investor. Having that asset in a location where demand for accommodation is strong ensures vacancy is minimal and the income reflects the demand. Investors need look no further!
This 3-bedroom chamfer-on-brick home in Harristown represents that ideal investment. The solidly constructed home has a renewed 12-month lease with great tenants who care for the property. The home has been refreshed in recent years and has additional features that set it apart from its competitors.
The home offers a large kitchen and dining area with recently upgraded cabinetry and appliances. Overhead and under-bench storage is plentiful, with the space incorporating a comfortable dining space. The separate lounge room has reverse cycle air-conditioning and is large enough to support a family.
Entertaining outdoors is well and truly catered for, with a large covered deck off the back of the home and a private firepit and deck area in the rear of the block. The back yard is home to a modern 9m x 6m steel shed with two roller doors and pedestrian entry.
1A Lyndall Street, Harristown at a glance:
* 771sqm - east facing flat block
* 3 bed / 1 bath / combined kitchen and dining / lounge - chamfer on brick construction
* 9m x 6m clear span steel shed with two roller and pedestrian door access
* Large insulated roof covered outdoor entertaining deck with caf blinds
* Oversized separate laundry with under-bench and upright cupboard storage
* Fully fenced yard with remote controlled sliding gate
* A/C to lounge space and fans throughout
* Private fire pit area with adjoining timber deck in rear yard
* Walking distance to grocery store, bakery, food and convenience shopping and services
* School catchment Harristown SS (500m) & Harristown SHS (600m)
* Current Lease: Expires 25th Sept 2023
* Current Rental: $450 per week
* General Rates - $1,157.17 / Water Access - $314.95 net half year
The size of Harristown is approximately 7.2 square kilometres. It has 18 parks covering nearly 2.8% of total area. The population of Harristown in 2011 was 8,490 people. By 2016 the population was 8,550 showing a population growth of 0.7% in the area during that time. The predominant age group in Harristown is 20-29 years. Households in Harristown are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Harristown work in a trades occupation. In 2011, 56.4% of the homes in Harristown were owner-occupied compared with 53.9% in 2016.
Harristown has 4,723 properties. Over the last 5 years, Houses in Harristown have seen a 88.39% increase in median value, while Units have seen a 55.54% increase. As at 31 October 2024:
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