17/75 Grant Rd, Reynella is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1978. The property has a land size of 181m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in April 2018.
This little gem is perfect for the astute investor, with an excellent rental return and fabulous tenant already in place. Currently achieving a $300 per week return with a fixed term tenancy until 19/03/2018 and then a periodic tenancy, this really does keep options open. Those who might like to reside in the property have the option to provide the tenant with the required notice, or if you're an investor, the tenant wants to stay!
Situated in a well maintained group, this homette really has a lot to offer! Positioned in a prime location with local shops/schools and public transport at your fingertips.
Features include an updated kitchen with dishwasher, induction cook top, electric oven, ample cupboard and bench space and even a chalk board wall for the grocery list!
The size of Reynella is approximately 4.2 square kilometres. It has 9 parks covering nearly 6.6% of total area. The population of Reynella in 2011 was 4,461 people. By 2016 the population was 4,742 showing a population growth of 6.3% in the area during that time. The predominant age group in Reynella is 30-39 years. Households in Reynella are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Reynella work in a trades occupation. In 2011, 77.3% of the homes in Reynella were owner-occupied compared with 77% in 2016.
Reynella has 2,349 properties. Over the last 5 years, Houses in Reynella have seen a 111.13% increase in median value, while Units have seen a 131.08% increase. As at 31 October 2024:
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