By Cornwall Park ? Inexpensive Leasehold Treasure

Property listing ID: 803217

Bedrooms
4
Bathrooms
2
Carport
3
Covered parks
3
Land area
1093m²
Price / method
Sold December 2020

Live the good life now with a surprisingly modest budget. For a very small fraction of the equivalent freehold value you could buy this gorgeous property "today" and save you and your family years of gradually struggling up the property ladder. A rare and truly immaculate example of a 4 bed room contemporary bungalow. It has been fully modernised and upgraded with many exciting extras. They include as-new décor and carpet, a top of the line kitchen, a gas fire and 2 bathrooms. The 1093 m2 of grounds offer spacious lawns areas, generous sunny and private al fresco living, a spa, a triple carport and a large lock-up garage/workshop - a peaceful leafy sanctuary that is fully fenced and security gated. Located so conveniently close to beautiful Cornwall Park, Cornwall Park School, transport options and, of course, McDonalds. The leasehold rent is $577 pw ($30,000 pa) and that remains fixed till 2028 when the rental is reviewed. In 2028 you are free to renew the lease or not, and leave. Furthermore, you can choose to sell at any time. Note that the normal expenses of home ownership apply. You might be surprised how popular this mode of ownership is. Inquire today.

Listed by Barfoot & Thompson , Tony Keegan (Epsom)