Maddington 49 Stead Street

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From $649,000

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Big Block - Big Home - Big Options Open Sat 10/5 2.30pm to 3.00pm

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Please contact Liesa Leddick to arrange an appointment.

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This big 3 bedroom home is strategically pushed forward leaving over 400sqm (approx) in the rear with over 4 meters of laneway down the right hand side of the residence. Currently zoned R17.5 and up for zoning changes in the future you will have options to retain and build (with relevant approvals) and meanwhile continue renting the original dwelling (current market rate $680 per week)
Solid double brick and tile construction with two whopping sleep outs, increasing the living spaces to an open plan feel letting in natural light. With long term quality tenants in place you will have rental income set in place at settlement date.

Key Features:
Four Spacious Bedrooms: Comfortable and inviting, perfect for restful nights.Multiple Living Areas: Enjoy the flexibility of various living spaces, perfect for family time or hosting guests.Kitchen featuring 5 x burner stainless steel gas hot plate & electric ovenReverse cycle split air-conditioningLarge Sleep Outs: Built to both front and back - Additional space that can be transformed into a guest room, home office, or play area for the kids.Expansive Backyard: A huge backyard perfect for kids to play, gardening enthusiasts, or outdoor gatherings with friends and family.Secure Parking: Ample parking space to accommodate multiple vehicles, ensuring convenience and peace of mind.Currently tenanted at $550 per week to long term tenants with a rent review due in October 2025Zoned R17.5
With options to develop it in the future, invest and watch it grow or move in once the lease expires in October, the choices are yours.

Disclaimer: The information in this advertisement has been provided by reliable external sources. We do not accept any responsibility to any person for its accuracy. All interested parties should undertake their own due diligence in order to determine the accuracy of this information.