Property Details

13 Simpson Lane, Wellington, NSW 2820
2 1 5
Property ID 4338807
Price $175,000
Property Type House
 

Vendors Information

  • First Name: Katrina
  • Last Name: Williams

Instant rental income with potential to double the income

This is a bargain offer along with the option of purchasing the 3 bedroom house on 997m2 right next door… Alone this 2 bedroom house in the town of Wellington NSW is the perfect investment with its huge block of land with room to build a second investment property, it is located walking distance to the town centre, Train station, private and public schools, Bell river, botanic gardens and much more. The town of Wellington is located only 40 minutes from the city of Dubbo, Wellington has a very fast growing economy with several large commercial developments and expansions including multiple gas pipeline and, numerous mines etc. This property has been continuously tenanted and with the current shortage of rental properties the return on this investment can only increase. PROPERTY LAYOUT On entering the front door you will find yourself in a rather large sunroom that leads onto the formal sitting room with slow combustion wood heater as shown. this room can easily be made into a beautiful master bedroom which would make this a 3 bedroom house. opposite the formal sitting room/possible master bedroom is the existing now carpeted master bedroom, continuing down the hall on the left is the second bedroom, to the right is a huge bathroom/laundry/toilet with a massive linen press built in you would have no issues at all with storage. Finally the hallway opens out to the large open plan living room with the kitchen to the right (this has a large enough space next to the kitchen for a dining area) with the lounge room and second optional dining areas, The lounge room opens out to the back garden through the 10 panel cedar and glass french doors to the side or through the single back door that leads out to the back patio area. The backyard/gardens have enough lawn for the kids to play, 3 garden sheds and shade trees with miniature fruit trees. As the house is positioned to the rear of the 1097m2 blocked and has a side lane that could be used for separate access this property is perfect for someone looking for a start in property development, wanting to build a new house to live in while still having the extra income of $230 per week from the existing rental property. If you would like to inspect, further photos or ask any questions please don\\\’t hesitate to call Katrina

Disclaimer:
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13 Simpson Lane

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