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500 Karoola Place, Lavington NSW 2641

House
332
Block size: 761 m² approx.

A Rare Investment Opportunity with Three self-contained studios

This unique and purpose-built residence presents an exceptional investment opportunity, conveniently situated close to Lavington Shopping Centre, local schools, parks, and sporting facilities.

The floorplan consists of three separate living quarters that are currently tenanted individually under the one lease, each boasting its own kitchenette, bedroom and bathroom facilities.

Furthermore, two of the units offer the added luxury of separate bedroom and living spaces, while the third unit is elegantly designed with an open-plan layout.

To further enhance the living experiences for each of the units, the property boasts three distinct outdoor spaces, perfect for relaxation and leisure so that each of the tenants can enjoy their own private outdoor space.

Modern conveniences abound in this property, ensuring comfort throughout the year with split system heating and cooling.

Additionally, the residence features a double lock-up garage, complete with remote control access and the convenience of internal entry into the home.

As an investment, this residence stands out with a current rent return of $660 per week and due to be increased to $670 in October) with an increase to follow the next year.

The existing tenant is secured on a fixed-term lease until November 2025, providing peace of mind and a reliable, hassle-free income stream.

This unique property is not just a place to live but a smart investment, combining modern amenities with a prime location and flexible living arrangements.

Features Include:
- 3 self-contained units/living quarters
- Separate kitchenettes with gas cooktop cooking
- Separate private outdoor spaces
- Split system air conditioner and heating
- Double lock up garage with internal access
- Ideal for investors
- Strong proven rental with room to increase

Inspections

No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.

Send an enquiry

Contact Jack Stean to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
3
Bathrooms:
3
Garage Spaces:
2
Property type:
House
Block Size:
761 *

Other Details

Lot:
2
Plan Type:
SP
Plan:
103429
Legal description:
2/SP103429
Stean Nicholls Real Estate

Maps and area information

Block information
Block size: 761 (approx)
Legal description: 2/SP103429
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Nearby sales

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We found 37 houses with 3 bedrooms that just sold near 500 Karoola Place Lavington

Property history

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See Lavington's suburb profile

Lavington suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
42 years
Population
13,073
Listing ID: 182559256. This listing has been viewed 3 times. It was first displayed on 29/05/2024 and last updated on 03/06/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.