Investors will appreciate the strong gross return of around 5.5% from this sound residential investment. The tenant is a potential long term tenant paying $240 per week with the current lease set to expire in March 2023.

The home comprises three bedroom with built in wardrobes. The lounge room at the entrance has a gas bayonet heater and there is a meals area off the kitchen.

+ New instantaneous gas hot water
+ New gas cooktop and electric stove
+ New blinds and carpet in 2020
+ Single carport and garden shed

Current Lease: $240 per week – lease expires 22 March 2023
Land Area: 588.10 m2
Council Rates: $1,702.00 per annum