* Based on the asking price of $168,000 and being currently rented to a great tenant for $200/pw, this solid investment currently represents a 6.19% gross PA return. Current lease in place until 30/07/15 and the tenant is interested to continue. A similar property a couple of doors away has been rented for $230/pw. If this rental is acheived for the home, this will show over a 7% PA RETURN!
* The brick and tile construction makes this an ideal investment, being located on a sizable 996m2 approx, child friendly block.
* The home has a L’shape living dining area with gas heating and adjacent eat-in kitchen, with stainless steel wall oven, plus a large enclosed rear sunroom ‘ideal for kids’. This sunroom opens out to the completely fenced rear yard.
* Three bedrooms with carpeted flooring, well appointed to the full family bathroom with separate toilet.
* Ducted evaporative cooling throughout.
* Covered and fenced carport with power, while there is a 9m x 3.5m lock up garage in the rear yard, with drive through access. Garage has a concrete floor and power connected plus a 600ltr rain water tank.
Land size: 996m2 approx