This recently renovated three bedroom home offers outstanding investment value with a gross yield in excess of 7%.
One of the better renovations we’ve seen in this area with a new larger kitchen installed complete with dishwasher, range hood, ample cupboards and new flooring. The bathroom has also been renovated with new vanity, shower screen and tiles. Reverse cycle air conditioning has been provided, the floor coverings replaced and the property has been painted inside and out.
These renovations providing additional investment value through depreciation allowances.
This great investment property comprises three bedrooms, lounge room and separate dining area off the renovated kitchen. The 797 sq metre block provides scope for additional shedding if required with side access to the back yard.
Currently rented at $250 per week, the lease is structured to see a rental increase to $260 per week in late September further enhancing the investment value of this excellent property.
Don’t delay – Call today.