7 Mellifont Street, Banyo
Big on Space + Investment Potential Plus (Huge 7.2% Yield)
The low down
This lowset Banyo home certainly doesn’t lack on space, with 5 bedrooms + a study on offer. It’s perfect for investors as it’s currently rented by several students (at a significantly higher than average yield!) attending the nearby uni. Oh and the train station and arterials are close too.
The kitchen is lovely and modern with a large breakfast bar, and this opens to the large open plan living/dining. The bathroom has both shower and bath, plus the toilet is separate.
A bonus is the big enclosed entertainment area — perfect for all-weather barbies! And then you can cool off in the in-ground swimming pool afterwards.
Practical features include a double lockup garage, security screens and ceiling fans.
This well priced property is a great buy for space and location, and it’s also well presented!
· Huge lowset home close to the Australian Catholic Uni, train station and arterials
· Perfect for investors — currently rented by several students
· 5 bedrooms
· Open plan kitchen/living/dining
· Modern kitchen with breakfast bar
· Bathroom has shower, bath and a separate toilet
· Enclosed entertainment area + outdoor patio
· Dbl LU garage
· In-ground swimming pool
· Security screens