Investors, First Home Buyers, Renovators! 2km from the CBD, 100m from Our Lady of Lourdes School, 1km from Clifford Gardens Shopping Centre & 300m from local cafes. This property is in one of the most sought-after suburbs for 2020 and is an interesting property for few different reasons:
- The investment opportunity is one that doesn’t come around too often. The current lease is through the company Yellow Bridge who work to assist with social and disability housing. Yellow Bridge pay $300 per week as the head lease with no management fees, which means Yellow Bridge then sub lease the property to their clients. Yellow Bridge are then liable for any damage their clients may do but as the landlord you will still be liable for the general maintenance.
- A fantastic floor plan with multiple opportunities to maximise your return.
- Fantastic entry point to the market for first home buyers willing to do a bit of work.
- 3 bedrooms, master with a WIR, 2nd living room that could quite easily be utilised as a 4th bedroom.
- Decent size bathroom, in need of some work.
- Single carport
- Fully fenced block
- Clearing $300 per week in rent.