The equation is simple:
Dual occupancy on 954m2 block.
Tenant upstairs has the three bedroom with internal access to lock up garage.
Paying $250 per week and has been there for nearly 5 years. (lease renewal: 25/09/14).
Downstairs two bedroom with private access and separate backyard paying $195 per week (lease renewal: 11/12/14).
Double brick, solid construction, in a great street, 300 metres to the beach and local primary school.
This has to be one of the best properties on our books for residential return.