There is an old saying that if it appears too good to be true, it normally is. All that is about to change with this fantastic opportunity for any astute developer or investor out there that is looking at making a couple of bucks in the short, mid or long term future. The home itself has 3 bedrooms, lounge, kitchen with meals area, single bathroom and steel garage. Set on approximately 750m2 (17m x 44m) of land and with no easement burdening any part of the land, it really just depends on whether you want to keep the existing dwelling or knock it down to build 2 or 3 units (S.T.C.A). Currently returning almost $13,000 per year with a long term tenant that is more than happy to stay on as long as possible, there is an instant return whilst the plans are being drawn.
Contact: Brad Archer 0402 443 387
Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist