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  • 5 beds
  • 3 baths

218 Staithes Drive South Whitby

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For Sale
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Destroy Your Mortgage!

Often overlooked, dual dwelling's on one title make sound financial sense to help you improve your cashflow and take years off your mortgage.

Example: the interest for a $1mil loan at 4% is $769/week and our rental assessment estimates $700 & $500/week for the upper & lower dwellings respectively...

If you live up and rent down, you're essentially only paying interest against a $565k loan. If you instead live down and rent up - even better! - you're essentially only paying interest against a $390k loan.

The main dwelling comprises 3 bedrooms with a study and the lower income or granny flat 2 bedrooms. Both are supported by open plan living, off street parking and their own entrances. The location- Excellent! Very handy to the local shopping, amenities and transport links.

It's not often you find an easy care property with opportunities. Don't let rising interest rates prevent you from jumping on the property ladder; further please ignore all property estimate websites.

RV: 840,000

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