49 & 49a Drummond Street South Windsor, NSW 2756

Looking for a smart dual investment with strong rental returns, a 5%+ rental yield at an acceptable price within the guide, and the potential to be positively geared?

Set on one convenient block, the property offers two separate residences - a three-bedroom home plus a modern two-bedroom granny flat, currently generating a combined rental income of $1,050 per week. With two established income streams and strong rental returns, the property presents an attractive opportunity for investors, with the potential to achieve a positively geared investment depending on purchase price and individual finance costs.

The main home features three bedrooms, a comfortable living area, kitchen and bathroom, air conditioning, beautiful hardwood floors and a storage shed. It also benefits from separate water and electricity meters and is currently leased for $560 per week.

The modern two-bedroom granny flat features built-in wardrobes, a contemporary kitchen and bathroom, split-system air conditioning, a skylight and floating floorboards. It is currently leased for $490 per week and also has its own separate water and electricity meters.

Combined, that's $1,050 per week in rental income, making this an appealing option for investors seeking strong returns, or for those looking to live in one residence while renting out the other to help offset the mortgage.

Conveniently positioned just moments from local schools, shops, parks and everyday amenities, both residences are well placed to maintain strong tenant appeal.
Council rates are approximately $763 per quarter.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.