8 Fourth St, Bordertown is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1967. The property has a land size of 1070m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
SAL Real Estate present to market 8 Fourth Street, Bordertown. What an opportunity! Situated on this 1,051m allotment sits a 3 bedroom, 1 bathroom home, and a 2 bedroom 1 bathroom unit accessible via a public laneway situated at the rear of the allotment.
8a consists of 3 double sized, carpeted bedrooms. Upgraded kitchen with stainless appliances and walk-in pantry. Large living room with reverse cycle split system heating/cooling & ceiling fan. Bathroom with separate toilet and laundry with outside access. This home also features a detached games room or 4th bedroom. Outside features include an undercover carport and paved undercover patio.
8b is a 2 bedroom, open plan unit. Both bedrooms include built-in wardrobes and ceiling fans. Open plan living/dining area with reverse cycle split system heating/cooling. Modern kitchen with pantry, stainless appliances, and European laundry. Bathroom consisting of toilet, shower and vanity. 8b has rainwater plumbed to the home and a single car garage with cement flooring and electricity connected.
Both properties are currently tenanted until October 2023 on fixed term agreements, with a combined rental income of $960 per fortnight. All electrical and water supply and usage charged to the tenants.
This is a great opportunity for a first home buyer to buy, live in one and offset their mortgage by renting the other, or an investor wanting a dual return on their investment. Our Property Management team can discuss with you how to maximise your return on investment.
Annual Council Rates: $2,577.40
Zoning: Neighbourhood
Don't miss out, contact us today!
The size of Bordertown is approximately 141.5 square kilometres. It has 29 parks covering nearly 1.2% of total area. The population of Bordertown in 2011 was 2,792 people. By 2016 the population was 2,957 showing a population growth of 5.9% in the area during that time. The predominant age group in Bordertown is 40-49 years. Households in Bordertown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Bordertown work in a labourer occupation. In 2011, 68.7% of the homes in Bordertown were owner-occupied compared with 68.6% in 2016.
Bordertown has 2,073 properties. Over the last 5 years, Houses in Bordertown have seen a 119.74% increase in median value, while Units have seen a 112.66% increase. As at 31 October 2024:
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