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Description: - 2 double-sized bedrooms with freestanding robes
- Front sunroom with a northern aspect
- Separate lounge room with wood heater
- Large eat-in kitchen with electric upright stove, wood combustion stove, ample bench
space, and cupboards
- Bathroom with shower over bath and storage shelves
- Timber flooring (wide floorboards), VJ walls, and high ceilings throughout
- Internal laundry with double wash tub
- Fully fenced yard
- 2 rainwater tanks
- Detached single lock-up garage and carport
- Security doors and some windows with security screens
- Convenient Newtown location close to amenities, shops, schools, and public transport
- Rent appraised at $440 - $450 per week.
Welcome to 170 Taylor Street in Newtown, a charming home that effortlessly blends character and modern conveniences in a prime location. This delightful residence features a front sunroom with a northern aspect, inviting an abundance of natural light. Inside, you will find two double-sized bedrooms, each equipped with freestanding robes, offering ample storage space.
The separate lounge room is a cosy retreat, complete with a wood heater, polished timber flooring, and ornate ceilings, creating an inviting atmosphere for relaxation. The large, updated eat-in kitchen is a chef's delight, featuring an electric stove, ample bench space, cupboards, a pantry, and a single bowl sink, ensuring you have everything you need for culinary adventures.
The bathroom is well-appointed with a shower over the bath and convenient storage shelves. The internal laundry includes a double wash tub, adding to the home's practicality. Throughout the property, timber flooring (wide floorboards), VJ walls, and high ceilings enhance its character and charm.
Additional features include a new roof and an 8.5 kW solar inverter, ensuring energy efficiency. The fully fenced yard offers privacy and security, complemented by two rainwater tanks. For vehicle accommodation, there is a detached single lock-up garage and a carport. Security doors and some windows with security screens provide peace of mind.
Conveniently located in Newtown, this home is close to amenities, shops, schools, and public transport, making it an ideal choice for both homeowners and investors. With a rent appraisal of $440 - $450 per week, this property presents a fantastic investment opportunity.
For investors, the property currently generates a substantial income from Airbnb, making it an excellent addition to any investment portfolio. For the financial year from July 2023 to June 2024, the property has brought in incoming funds of $52,670.33, with expenses amounting to $21,361.54, resulting in owner payments totaling $31,308.79.
For the financial year from July 2022 to June 2023, the property has generated incoming funds of $41,359.61, with expenses of $14,395.20, leading to owner payments of $26,965.41. This strong performance on Airbnb highlights the property's appeal and potential for high returns.
Current income from Air BNB:
Financial year JUL 2022 - JUN 2023
Incoming Funds - $41,359.61
Expenses - $14,395.20
Owner Payments - $26,965.41
Current income from Air BNB:
Financial year JUL 2023 - JUN 2024
Incoming Funds - $52,670.33
Expenses - $21,361.54
Owner Payments - $31,308.79
Don't miss out on this unique opportunity to secure a spacious, well-located home with excellent rental potential in the heart of Newtown.
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