UNDER CONTRACT
Double rental return with two homes almost positively geared !
Fantastic original home offers two good size bedrooms, formal lounge and separate dining room, updated bathroom & kitchen, small family room overlooking covered pergola or BBq area. Complete with air conditioning, second toilet and ceiling fans.
Currently leased to long term current tenants paying $ 380.00 per week who wish to stay.
The second separate dwelling has a great size fully fenced yard, two huge bedrooms, modern kitchen and bathroom, spacious air conditioned lounge and dining areas. Undercover parking for one car and off street parking a for two more and was rented for $ 360.00 per week.
With both property fully leased, gives a combined gross rental return of over $ 700.00 per week, an approximate gross rental return of $ 37 000 per year. Fully leased at an interest rate of 4.75 % this property is posititvely geared !!
1 * LJ Hooker Bell Vista are not giving financial advice and all rents quoted are gross and apply to the property being fully leased. LJ Hooker Bell Vista recommend all buyers pseak with their bank and or financial advisors prior to proceeding.
Make your offer quickly or miss out on this absolute gem!