This is an unbelievable opportunity for the serious investor, developer or both. Solid 5 brm home on 701m2 with 2 wc’s and a detached granny flat with a combined rental income of $600/week with long leases. This represents a whopping 6.5% return- make no mistake, this property is positively geared. You may also be looking for that perfect super fund investment.
There are a myriad of options for this cash cow. Keep as an excellent investment, subdivide the land and sell, subdivide the land and develop.
This is one of the West’s most popular location, with good transport, shopping and general infrastructure.
Whichever way you go, you win!