INVESTORS are among those showing an interest in two display properties listed for sale within the HomeWorld Centre at Kellyville — both offering higher than average rental yields.
This display home located in HomeWorld has been listed for saleSource:Supplied
INVESTORS are among those showing an interest in two display properties listed for sale within the HomeWorld Centre at Kellyville.
The residences, built by Mojo Homes, are not able to be lived in — just yet. Instead they will be leased back by the building company until the end of the year with potential for the arrangement to be extended until the exhibition village closes.
While the stunning interiors and professionally landscaped gardens add to their appeal, the biggest drawcard is the higher than average rental yields both homes are set to generate.
The homes will be converted back into a residential property at the end of the leaseSource:Supplied
Agent Corie Sciberras from The Avenue said the homes will earn rental yields around two per cent higher than the rest of the market.
The single level home at 17 Magrath Street will have a monthly rental return of $5099; while the neighbouring double storey home at 19 Magrath Street will earn a monthly return of $6470.
“It is a great opportunity to knock off around $90,000 off the mortgage within a short lease back period,” Mr Sciberras said.