Investor alert! 42 Albert Street, South Kempsey (best home in the neighbourhood).”You won’t have to fret, there’s nothing to spend on this home…and we’ll have you a good tenant paying a minimum of $200/wk from Day 1! And in 2010 the rents are heavily expected to increase due to the forthcoming of hundreds of workers to the area when the Highway Bypass work begins.
Over the forthcoming years, instead of buying a house that will need maintenance/repair/renewal why wouldn’t you buy this one where you’ll have to spend zero! Spend a little more up front, increase your negative gearing ratio however sleep sound knowing that you have a quality home and won’t have to fork out unforeseen ‘thousands’ of dollars over the next 10yrs or more.
I believe it is a smarter buy than spending $130,000 and having fix up jobs, tenants demanding ‘this and that’ and then, the unforeseen possibility of needing a new kitchen, bathroom or roof.
Plus, you’ll attract a better type of tenant because it is such a lovely home.
Over the past few years the current owner/occupier has spent a sweet penny making this a very comfortable home.
The home consists of: 3 bedrooms, bathroom, open-plan lounge/dining/kitchen, sunroom, internal laundry, 2-car secure (drive-through) carport.
Added features or the home are: reverse cycle air-conditioning, slow combustion fire, security grills, good carpet, good paint, good blinds and near new bathroom and kitchen.
The yard is fully fenced and there is also a garden shed.
This ex-Housing Commission home is located in a flood-free position, 3minutes from the town centre and 15 minutes to beaches.