SOLE MANDATE
This home for sale is located in the highly desirable suburb of Loerie Park in George. This very well priced older home offers excellent rental income potential and the flexibility of dual living. Known for its family-friendly atmosphere, Loerie Park is sought after for its proximity to quality schools, essential amenities, and shopping centers. This property is an ideal opportunity for investors seeking steady returns or families looking for versatile living arrangements.
The main dwelling features three comfortable bedrooms and two bathrooms, with the main bedroom enjoying the privacy of an en-suite. The layout includes an open-plan living area that creates a welcoming atmosphere, with a convenient serving hatch connecting the kitchen to the living space. The kitchen also offers a breakfast counter, perfect for casual dining. From the living area, it flows out onto a covered patio that overlooks a fenced garden, providing a secure space for children to play or host outdoor gatherings.
In addition to the main house, the property includes a spacious one-bedroom flatlet. This flatlet has a private entrance, ensuring complete privacy for tenants or guests. Inside, it offers a kitchenette, lounge, and bathroom, making it self-sufficient. The flatlet also has a small courtyard, further enhancing the sense of independence and privacy.
Currently, both the main dwelling and the flatlet are occupied on a long term lease, generating an immediate rental income. For investors, this arrangement offers the benefit of a secure and steady return. However, the property’s design also provides long-term flexibility. Once the current tenants vacate, the flatlet can continue to be used for rental purposes, providing supplemental income, or it can be integrated into the household to accommodate an extended family—making it an ideal option for dual living.
In summary, this property provides a unique opportunity to benefit from immediate rental returns while retaining the option for future flexibility and dual living. Whether you are an investor seeking solid returns or a family searching for a practical, well-priced, multi-purpose home, this older gem in Loerie Park is well worth considering. Contact us today for further information or to arrange a private viewing.
