6 Peggy Street
Swansea


Price Guide $690,000 - $750,000

2
3
5

Property Features


Property ID: 3314778

Land Size
682.90 m2

Rare Opportunity in the Heart of Swansea - Dual Occupancy, 3 Units


This single Torrens Title property offers the family or investor a great opportunity to live with the extended family or rent out for a positive return. The property offers a 1 bedroom townhouse along with 2 x 2 bedroom units on the same title, all separately metered for electricity and water.

There are several applications for this property. Live in one unit and rent the other units out or house the entire family including parents.

If you are looking to invest then the potential return is:
Unit 1: Currently $290 a week needing an increase
Unit 2: Currently $290 a week needing an increase
Unit 3: Currently $260 a week needing an increase

The above figures are based on renting out the property in the traditional method, this is not air BNB which would provide an even greater return.

Not only is the potential return excellent on this property, the capital growth indicators are also strong. Location is everything in real estate and this home is all about position, it is on the border of Swansea and Caves Beach. Just an easy flat walk in to the shopping precinct, public transport is nearby along with the highway to Newcastle and Sydney.

Features:
Unit 1:
Open plan lounge & dining
Kitchen in functional condition
Large laundry
2 bedrooms with built in robes
Bathroom has full size shower & full size bath
Large single garage


Unit 2:
Open plan lounge & dining
Kitchen in functional condition
Large laundry
2 bedrooms with built in robes
Bathroom has full size shower & full size bath
Large single garage

Unit 3
Open plan lounge, dining & kitchen
Laundry
Upstairs-
Main bedroom with built in robe & ensuite
Patio entertaining area

This property has been an excellent investment for the current owner. It has appreciated markedly over the years while maintaining a positive return. It has been priced appropriately so prospective buyers need to get along to view this property.

Property Tools