Live in, Rent out with over 7% return or Build Units on the back of the block. (STCA)
This home in the middle of Latrobe could suit a broad range of purchasers.
For those entering the market, with a little TLC this could be a great starting point, with 3 bedrooms, a good sized kitchen and open plan dining and lounge. The lounge has a huge wood heater which can keep the whole house toasty. There is an undercover outdoor area at the back door which keeps the house nice and sunny during the day, and would be a great spot to set up the BBQ. The block is huge at 1052m2, so plenty of room for whatever you may need.
For the investor it could yield a return of over 7%, a great return in anyone’s portfolio. There is also the possibility of building one or two units at the rear of the house. (STCA) This could be done immediately or over a period of time/money.
Definitely worth a look, as it won’t last long. Call the agent for inspection….