First home buyer opportunity.
Live in the home, rent out the unit to help pay the mortgage.
Everything is here to set you up for life in the property market.
The house has a new roof, new external wall cladding, aluminum windows
and the stand alone unit which was previously tenanted at $150 per week (own power supply).
After a quick clean up outside and some minor renovations inside this could be your first home or could be rented (previously rented at $240 per week.)
Yes that’s $390 per week potential income for a $229,000 investment.
Equals a 20,280 gross return or an 8.85% gross return.
Not many investments return that.