TEMPE
7 Young Street

GREAT BUY! House + Studio + High Rental + Low Outgoings+ Development Potential

Do not miss this versatile, unique and rare double-fronted freestanding house PLUS totally self-contained studio in a peaceful riverside location.

This is the BEST VALUE 4 bedroom property in the 2044 postcode and surrounding areas and a GREAT BUY because it has so much to offer and it will appeal to all buyers.

VERSATILE ACCOMMODATION
Suit buyers looking for a large family home.
Suit investors looking for a great rental return.
Suit developers with its development potential (STCA).
Suit buyers looking for a home and investment.
Suit buyers looking for a work from home residence.
Suit buyers looking for a home and artist's studio/hobby residence.
Suit buyers looking for multi-generational living.
Studio retreat for parents, teenagers, grandparents and guests.

INVESTMENT POTENTIAL
Capitalise on its excellent investment potential.
Excellent estimated combined rental return of over $1,000 pw. Amazing estimated combined AirBnB or short stay rental of $2,000 pw.
Lease studio estimated at $400 pw approx.as long term rental.
Lease studio estimated at $600 pw approx as AirBnB, short stay rental.
Live in Studio and rent out main house at around $700-$800 pw to pay off the mortgage faster.

DEVELOPMENT POTENTIAL
10 metre plus frontage and very generous 285sqm block
Subdivision into 2 house duplex development opportunity (STCA).

ECO-FRIENDLY
Solar panels + inverter - very low electricity bills of $55 per qtr.
Instantaneous gas hot water.
2 water tanks, grey water system plumbed to toilets and laundry.
Compost, vegetable and herb garden.

MAIN HOUSE AND GARDEN
Enclosed front patio and side gate for privacy and security.
3 bedrooms - main with cathedral ceiling, loft storage & remote controlled skylight.
Period style bathroom with claw bath.
Separate lounge and modern eat-in gas kitchen with dishwasher.
Huge covered alfresco dining and entertaining area.
Deep leafy rear landscaped garden.
Outdoor shed, cellar, laundry with wc, BBQ and pizza oven.
Secure high front fence and side gate for added privacy
2 reverse cycle air conditioners, ceiling fans and skylights.
Window shutters, stained glass and lead light windows and doors.
Gas cooking, gas hot water and gas heating.
Updated electricity board with safety switches and surge protection.

SELF-CONTAINED STUDIO
Separate wide side access from the street.
Large open plan living area with wall mounted TV.
large bedroom space with neat and tidy kitchenette.
Modern bathroom with rain and hand-held shower.
Large studio with raked ceilings, totally secure and private.

RELAXED INNER WEST LIFESTYLE
Walk around corner for your coffee, brunch and meals.
Easy walk to Wolli Creek shopping precinct with Woolworths, Aldi, Dan Murphy's, cafes, restaurants and amenities.
At your door step:
Parks, sporting grounds, walking and bike paths.
Dog park, birdlife and wetlands, BBQ and picnic areas.
Basketball courts, golf driving range and sporting facilities.
Cooks River foreshore and jetty for boating, fishing and mooring.

CONVENIENT LOCATION
Positioned in a quiet street only about 10km from the CBD.
Close to all transport including the airport, trains, buses, shops, amenities, schools, childcare.
Close to Marrickville, Newtown, Alexandria, City and Brighton-Le-Sands beaches.

This is a versatile home with dual living and income options and it can be used for multiple purposes so it is superb value for money when you consider everything it has to offer. MISS THIS and you will MISS OUT!

Contact Agent

Nick Politis

Nick Politis

m 0417 348 022

p 02 9557 5888

e Email Nick

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For Sale

Price: SOLD

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Property Details

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