Located in the soon to be awaken town of Capella is this great investment opportunity! The property consists of a 3 bedroom house which is currently tenanted on a periodic lease with a good return and also has the option of building another dwelling to the rear. The block is over a 1000m2 and is positioned in the heart of town, walking distance to all amenities. The town itself has a near zero vacancy rate with rentals, and with the proposed mines going ahead this will only increase demand and returns further.
The current house has 3 bedrooms all with built in robes, master with ensuite, split system air-conditioning, open plan living / dining and kitchen. The home is poled up off the ground and has a nice verandah to the rear and large enough porch to sit out the front and watch the world go by after a hard days work. There is a single garage and plenty of off street parking and the house was built in 2006.
The development application was lodged with council and has been approved subject to meeting council requirments, so for the savvy investor the majority of the hard work has been already complete!
If you are wanting to view this property or find out further information please call the listing agent today and he will be able to help you better understand this fantastic opportunity.

A copy of the Sustainability Declaration is held by the AGENCY.