59 Selwyn Street, NORTH EAST VALLEY

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59 Selwyn Street, NORTH EAST VALLEY

Sold For $560,000

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For Sale

Property Details

Property Type House

House Size 309m²

Land 1285m²

Commercial Investment or Student Rental

This unique property in a semi-rural setting has a dual market appeal, one as a student rental or two as a base for an industry requiring accommodation for workers, storage or office space etc. The dwelling consists of a main building with an attached annexe that has both internal access and its own external access.
Currently the accommodation is let as five bedrooms plus two living areas but with an easy conversion there is potential for 6 bedrooms and one living. Spacious modern kitchen open plan to dining and large communal living area heated by a diesel burner, three bathrooms, two laundries (one combined with bathroom). Approximately 130m2 of dry and secure basement storage, good lock up outdoor storage and off street parking for eight or nine vehicles making it an ideal solution for a commercial user i.e. a contractor involved in the upcoming hospital build.
The dwelling had a complete internal rebuild six years ago and has been converted to rental accommodation having had a good student rental over the past five years.
It is constructed of a mix of materials being board and batten, brick, plaster & block with a colour steel roof and is approximately 98% double glazed.
The property is an easy flat walk to the Gardens shopping area, the hospital and University and offers an excellent opportunity as a commercial investment or an addition to a rental portfolio with the option of extra income from letting the basement for storage.

Currently let for $740 per week with vacant possession available 1 January 2021.

Property Brochures

  • Property ID 2DZUGDS

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For Sale

Property Details

Property Type House

House Size 309m²

Land 1285m²

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