112A Sawmill RoadHuntly VIC 3551
Property Details for 112a Sawmill Rd, Huntly
112a Sawmill Rd, Huntly is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 3580m2.
Last Listing description (September 2024)
Discover the extraordinary potential of 112 & 112a Sawmill Road, Huntly - an exceptional dual-income investment property nestled in this burgeoning township.
Encompassing both 112 & 112a Sawmill Road, this property spans an expansive 3580m2 and features a consolidated water supply, offering a rare and valuable asset.
The main dwelling, 112 Sawmill Road, presents a charming three-bedroom weatherboard house, currently leased at $375 per week. Boasting modern amenities such as split system heating/cooling, electric cooking, and built-in robes in all bedrooms, it provides a comfortable and inviting living space. Adding to its appeal, a double carport enhances convenience.
Adjacent to it, 112a Sawmill Road, features a two-bedroom unit currently leased at $300 per week. With a split system for heating/cooling, an updated kitchen with electric appliances, and additional amenities including a shower over bath and a vanity, this unit offers a contemporary and practical lifestyle. A shed at the rear adds further utility.
Combined, the collective rental income stands at an impressive $675 per week, presenting a lucrative opportunity for investors. Both tenants express a desire to continue their leases, ensuring immediate income post-settlement. There's also potential for rental increases in the upcoming review, maximizing your return on investment.
For owner-occupiers seeking a versatile property, the options are abundant. Live in one unit and lease the other, or explore co-ownership with a family member for shared benefits. With vacant possession available, you have the flexibility to tailor this property to suit your specific needs.
Seize the chance to land bank for the future or capitalize on the current rental income - 112 & 112a Sawmill Road is not just a property; it's a strategic investment opportunity in the flourishing Huntly locale.
Combined, the collective rental income stands at an impressive $675 per week.
Contact us today to explore the myriad possibilities this property holds.
Property History for 112a Sawmill Rd, Huntly, VIC 3551
- 15 Mar 2024Listed for Sale Not Disclosed
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0About Huntly 3551
The size of Huntly is approximately 44.9 square kilometres. It has 5 parks covering nearly 25.7% of total area. The population of Huntly in 2011 was 1,429 people. By 2016 the population was 2,372 showing a population growth of 66.0% in the area during that time. The predominant age group in Huntly is 0-9 years. Households in Huntly are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Huntly work in a trades occupation. In 2011, 86.1% of the homes in Huntly were owner-occupied compared with 82.1% in 2016.
Huntly has 2,836 properties. Over the last 5 years, Houses in Huntly have seen a 50.13% increase in median value, while Units have seen a 74.98% increase. As at 31 August 2024:
- The median value for Houses in Huntly is $596,063 while the median value for Units is $499,923.
- Houses have a median rent of $498.
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