18 Neumayer Street, Page

At this address is a house located in Page ACT. Data from comparable sales value it at about $690,000. In the council area Belconnen, featuring 3 bedrooms and 2 bathrooms.

ABOUT THE PROPERTY

Bedrooms
3
Bathrooms
2
Car spaces
2
Land size
850 m2
Building size
-
Council area
Belconnen
Year built
n/a
Lot plan
Page ACT
House type
House: One Storey / Lowset



HISTORY

Last sold 01/03/2019
$0



LISTING DESCRIPTION
as of February 2019

Two into One Does Go! This type of purpose-built, dual occupancy property, offering two self-contained residences under one roof - on a Separate Title - is truly a rare offering with huge potential.With no strata costs or body corporate restrictions, 18 Neumayer Street is a solid brick property with a two bedroom, one bathroom home and, divided by the only shared (fire safety) wall, a one bedroom, one bathroom flat. Each have their own front and back entrances and, perfect for multi-generational families, both homes are single level with only one step up to the shared front porch. There's plenty of room for a small ramp to be installed so if you want a property where an elderly relative could live independently, yet be within call, this could be for you.First home buyers have a wonderful opportunity to move into the 2 bedroom home and have ready-made income to put towards their mortgage as the 1 bedroom flat is tenanted until December 2019 with a great tenant and weekly rental of $340. The 2 bedroom residence is spacious, has an upgraded bathroom and kitchen, the open living and dining rooms are generous and every room is light-filled. The fabulous tenant is on a periodic lease and has lived there for a while. A rent review is currently taking place.Both homes have been extensively upgraded and maintained over the past 5 years with the power updated to phase 3, the entire property painted inside and out, a new shower and sun block-out blinds installed in the one bedroom flat and a new cooker in the 2 bedroom residence. New Colorbond fencing has recently been installed to enclose the back yard and make it private and secure for pets and children. New underground drainage pipes were installed in 2018, a watering system has been installed in the front garden and a gardener has carried out monthly maintenance.Astute investors will immediately recognise the solid potential here. With upgraded residences, maintenance up to date, 2 excellent tenants in place, one tenancy fixed until the end of 2019 and no strata fees - there's little more to be said - the potential to strata title in the future is there and with an 850m2 corner block, there's plenty of room to extend or build a granny flat.Page is an increasingly popular inner Belconnen suburb thanks to its established neighbourhood, large playing fields and parks, walking distance to public and private schools and close proximity to Belconnen town centre, main transport and express bus routes plus all the recreational facilities of Lake Ginninderra.The opportunities are here. 18 Neumayer Street is well worth inspecting to see what you could make from this unique property and its lifestyle options.Features Include:Unique, self-contained dual occupancy propertySeparate Title - No strata feesBuilt 19692 bedroom residence:Main residence size: approx. (85.69m2)Upgraded kitchen with double sinkPlenty of bench and storage spaceTimber flooring in living room, wall heaterBoth bedrooms with built-in wardrobesUpgraded bathroomLaundry with external accessGarden shedShared double carport1 bedroom flat:Flat size: (approx. 44m2)Light-filled livingKitchen with new flooringGenerous bedroom with built-in wardrobeNew shower in bathroomLaundry with external accessNew washing machineFree-standing heaterPlenty of storage spaceGarden shedShared double carportAgent InterestEER: 1Land Rates: $2613 pa (approx.)Land Value: $383,000Land Size: 850m2Total House Size: (approx.) 130m2