Secure this affordable property now while the interest rates are at historic lows, allow it to virtually pay itself off with a rental income of $230/wk, then take advantage of the site and look to develop in the future (Subject to Council Approval).
Located in Taree West just 400m to the Manning Base Hospital and 1km to the CBD and shopping malls, rarely do properties of this nature become available in the low $200,000′s price range. The property offers:
- 1011m2 level block with possible subdivision potential (Subject to Council Approval)
- 22m street frontage
- Weatherboard house with iron roof
- Two large bedrooms plus sleep-out that could be used as a third bedroom if needed
- Some nice old features including ornate ceilings and cornices
- Front and side verandah to capture the afternoon sun
- Colourbond garden shed for storage
With a strong sales and rental demand for new villas close to facilities, this is an exceptional opportunity to secure a great long term investment. To arrange an inspection please contact Justin Atkins on 0417 955 176.