Luxury interiors and high yields make display homes appealing

Luxury interiors and high yields make display homes appealing

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.

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.

As display homes, the fittings and fixtures have all been upgraded. The contemporary styled interiors include built-in cabinetry, designer wallpaper, window coverings and high-end flooring.

Both kitchens feature stainless steel appliances, stone bench tops with waterfall edge and butler’s pantries. The covered outdoor entertainment terraces have been designed for alfresco dining with overhead fans.

The double storey property also has an outdoor kitchen, glass fenced heated swimming pool and a home theatre room.

The properties are located within proximity of the upcoming rail link, Rouse Hill Town Centre, Kellyville Plaza and local sporting fields. Local schools include William Clarke College, Sherwood Ridge Primary and Kellyville High.

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