4 Ingamells St, Prospect is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1985. The property has a land size of 613m2 and floor size of 174m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Introducing a potential investment opportunity that boasts two co-joined units in a sought-after location.
Tucked away behind privacy hedges, each of the units offers 2 bedrooms, both with built-ins, and its own carport. The street itself is flat, providing ease for walking in the area, making it an ideal location for anyone to live.
This solid brick property is low maintenance and leaves further opportunities for updates and growth. Currently occupied and with a potential return of up to 6% gross yield, this property offers an excellent opportunity to generate significant rental income.
Prospect is known for its conveniences with an array of shops, eateries, doctors, schools and playgrounds, you don't need to go far to find what you need.
An opportunity not to be missed, call today for your private inspection.
*Peter Lees Real Estate has used a variety of sources to obtain information relating to this property. We believe all are reliable sources and have no reason to doubt the accuracy of the information, however we cannot guarantee it. Prospective purchasers are advised to make their own enquiries.
Boundary lines are indicative only.
The size of Prospect is approximately 6.6 square kilometres. It has 9 parks covering nearly 19.4% of total area. The population of Prospect in 2011 was 1,438 people. By 2016 the population was 1,710 showing a population growth of 18.9% in the area during that time. The predominant age group in Prospect is 20-29 years. Households in Prospect are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Prospect work in a professional occupation. In 2011, 66.7% of the homes in Prospect were owner-occupied compared with 63.7% in 2016.
Prospect has 1,009 properties. Over the last 5 years, Houses in Prospect have seen a 73.71% increase in median value, while Units have seen a 46.81% increase. As at 30 September 2024:
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