The owners of this fantastic investment need a new buyer! Based on current interest rates, outgoings and the rental returns you could own this fantastic property for only $40 per week!
Looking for a brilliant investment that has the best features for higher returns right from day 1? Walking distance to shops, bus routes, parklands and employment the owners have recently transformed this property to give one lucky buyer a great return. Corner block location.
With an expected 6.5% gross return, no Body Corporate fees, low rates and a great outlook for future growth. Now you can own two properties on the one title with the possibility to split and on-sell later.
Unit 1
- Completely renovated from top to bottom.
- New kitchen, bathroom, fixtures and fittings all in neutral tones.
- Single carport.
- Open plan living area with the L-shaped kitchen to the rear of the property.
- Kitchen has full gas oven/hotplate with plenty of bench and cupboard space.
- Two good sized bedrooms with new carpet, air-conditioning and curtains throughout.
- Central main bathroom with separate toilet.
- Rear under cover patio for entertaining.
- Fully fenced yard and side access.
- Fully tiled with carpet to bedrooms.
- Fully airconditioned.
- Potential rental of $240/week.
Unit 2
- Renovated approximately 10 years ago.
- Open plan living area with the L-shaped kitchen to the rear of the property.
- Kitchen has full gas oven/hotplate with plenty of bench and cupboard space.
- Two good sized carpeted bedrooms.
- Central main bathroom with separate toilet.
- Rear under cover patio for entertaining.
- Fully fenced yard and easily set up for access off side street.
- Fully tiled with carpet to bedrooms.
- Fully airconditioned.
- Currently tenanted until Dec 14 at $210/week
Rates of $5,200 per year for both units.
Building and public liability insurance of $2,462 per year for both units.
Don’t miss out on this great investment with the potential to add your own value later. Call Matthew for an inspection today.
Property Code: 404115043