Every investor is seeking “THAT” property with a high rental return and a low purchase price and this one covers both aspects of the investors needs.
Located on an elevated 719m2 parcel of land, only a very short walk from the main street, sits this tidy brick veneer home.Comprising three large bedrooms, all with built-in robes. The master bedroom is oversized and features an ensuite style bathroom.Boasting a centrally located kitchen which features all gas cooking appliances, a dishwasher and large stainless steel sink.
The main bathroom is three way and is conveniently located nearby the laundry which leads out to the clothes line at the rear of the home. The grounds surrounding the home are extremely low maintenance which makes them very suitable for a rental property.
Currently tenanted by a good tenant on a six months lease paying $210 per week. Based on our list price that shows a gross 6.6% p.a return.
Other features include spa bath in ensuite, a fenced yard, gas heating and rural views.
As most people are aware “location, location, location” is everything in the real estate market and properties this close to the main street never last long so contact Adam Gambrill today by calling 0437 007 303 or email agambrill.cowra@ljh.com.au.