Let someone else pay your mortgage!
New to the market is this solid three bedroom home on a large corner block (with plenty of room to extend) attached to a general corner store.
Store pays good rent to offset your mortgage ($220 a week plus $35 a week outgoings), or buy as a great investment. Total return is $480pw ($260 house plus $220 shop) which is approx 7.5% return.
The house has a large grassed backyard, neat timber kitchen, 3 bedrooms, good sized bathroom and living area. It also has access into the backyard for offstreet parking and room for garaging or other car accomodation. Located in a central position with the water only 50metres across the road this great opportunity wont last long.