173 Minerva Road, Newtown

2 Homes, 1 Block, Prime Location and Priced to Sell!

The opportunities are endless with this fantastic solid property. The fully self contained 1 bedroom unit in the backyard is set up with kitchenette, bathroom, split system heat/cool and separate living area.
As an investment if both the house and unit were let at a combined rental of approx $670pw ($270pw for the unit and $400pw for the house) makes for an impressive Newtown gross yield of 3.6%. Another option would be to live in one and rent the other either to permanent tenants or “Air B&B”.
In the past the unit has been used as a separate family living quarters, health retreat/home business, accommodation for elderly parents, and home studio/rumpus room for grand-kids.
The clinker brick house was built in 1946 and has been a loved family home for many years, it comprises:
-generously proportioned double sized bedrooms
-covered adjustable “vergola” and deck area on entry with a soothing water feature
-low maintenance yard boasting many separate zones, fruit trees and gardens with minimal lawn area
-timber kitchen with marble bench, pressed tin splash-back, unique brass range-hood, upgraded appliances including dishwasher and gas stove
-double carport with remote door and separate garden shed
-double insulated roof with a solar ventilation system to control airflow and temperature
-ducted heating and split system heat/cooling
-original Baltic pine floors
-re-wired and re plumbed
The beautifully cared for home and garden will have you visibly relaxing as soon as you open the front gate, the garden has a wonderful calming effect and the retro fitted thermal windows mean that on entry to the home you are in a peaceful quiet space.
If you are searching for a beautiful, low maintenance home with multiple options in a prime Newtown location then this solid and well loved home is well worth a look. Phone now for more details or to arrange an appointment.