Currently leased at $220.00 per week, this compact two bedroom home will likely provide a gross return of around 8% – now that’s a great return.

With the kitchen and bathrooms renovated and a good tenant in place the investment strategy around this property if based on strong return and capital growth.

Built on a large 936 square metre block there are opportunity for future development.

Ducted evaporative cooling and gas heating. Fibro construction with iron roof.

I am sure the numbers will stack up. Offers prior to auction will be considered.

Other similar properties being offered at Auction on Thursday 24 October 2013 include:
9 Sepik Road, Ashmont
1 Connorton Avenue, Ashmont
4 Blakemore Street, Ashmont
30 Callaghan Street, Ashmont
41 Ziegler Avenue, Kooringal
23 Phillip Street, Mount Austin
47 Phillip Avenue, Mount Austin
4 Quambi Place, Mount Austin
6 Day Street, The Rock.