A little tender loving care will make this property a great earner for the astute investor or a comfortable first home.
The Fibro cottage has 3 bedrooms a family bathroom and open plan kitchen dining plus lounge. The laundry is just at the back door and ensures all the mess stays outside.
Outside you’ll find a good sized fenced yard with a zinc garden shed approximately 6x3m in size.
Window coverings Light fittings and a bit of elbow grease on the shed will be all it will take to have this home ready for tenants.
These few basic additions will ensure this property provides a return on your investment of over 7%.
A high demand for rental properties in this area make this an attractive property for investors.
Public Transport is reliable and very close, as are education options, medical facilities and the Albury CBD. These features ensure occupancy rates are stable.
Capital growth is also achievable. Property prices for loved properties in this area are on the improve with the addition of a solid number of new builds.
In short, a few basic additions and some love will mean you have a great long term investment.