This well presented property does not require any upgrading or immediate maintenance. This tidy house is built on a 395 square metre block on a street much sought after by renters. Current lease is until January 2008 at $270 per week.
Along with three bedrooms, an updated bathroom and very large rumpus room this house has both a single lock-up garage and a carport. The yard suits renters as it requires almost zero maintenance, with a private paved courtyard in the rear and a small landscaped garden in the front.
Add this property to your portfolio with little bother today or in the future, and wait for the capital appreciation to push yields into double digits.