46 Ariel Ave, Kingston is a 5 bedroom, 2 bathroom House with 4 parking spaces and was built in 1975. The property has a land size of 1185m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 5 bedroom House sold in Kingston in the last 12 months.
Are you on the hunt for a property that not only provides comfortable living but also guarantees two separate income streams? Look no further! Presenting 46 & 46-2 Ariel Ave, Kingston - the perfect investment opportunity you've been waiting for! Located on a battleaxe block which is perfect for the security conscious.
- 46 Ariel Ave - Your family home or potential dual living option
- Built in 1975, this highset home boasts a classic charm
- 46-2 Ariel Ave - Modern granny flat with privacy
- Built in 2020, this granny flat offers contemporary living
- It features 2 bedrooms, an open and spacious lounge, dining, and kitchen area
- The combined laundry and bathroom are designed for convenience
- Bright and airy, this dwelling exudes comfort and style
- Enjoy the convenience of a single carport
- Separate electricity and water metres
- Currently leased until 29/08/2024, yielding $320 per week
Invest in your future with this unique opportunity! Whether you're looking to house two families separately or capitalize on multiple income streams, 46 & 46-2 Ariel Ave has you covered.
Key Highlights:
- Dual income potential
- Long-term tenants in place, eager to stay
- 1185sqm battleaxe block for added privacy
- Prime location in Kingston
- Solid rental income
- Investment in both the past (1975) and the future (2020)
If you were going to try and rebuild this opportunity in todays market:
Rebuild highset home - minimum $280,000
Granny flat - minimum $180,000
Block - $450,000
That is a total cost of $910,000
These properties are in a fantastic location for school age children with public and private schools being in walking distance. Only 1.5km to Kingston train station and multiple bus stops in a short proximity. Kingston is a hot spot amongst investors and home owners alike, make sure you jump on this opportunity and attend the open home on 07/10/2023 at 11:00am - 11:30am.
The size of Kingston is approximately 6.7 square kilometres. It has 30 parks covering nearly 17.2% of total area. The population of Kingston in 2011 was 10,183 people. By 2016 the population was 10,538 showing a population growth of 3.5% in the area during that time. The predominant age group in Kingston is 20-29 years. Households in Kingston are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kingston work in a labourer occupation. In 2011, 51.4% of the homes in Kingston were owner-occupied compared with 47.5% in 2016.
Kingston has 4,145 properties. Over the last 5 years, Houses in Kingston have seen a 130.29% increase in median value, while Units have seen a 91.47% increase. As at 31 October 2024:
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