Close to town on a low maintenance corner block, this property is an ideal investment, currently tenanted and returning $180 per week on a month to month expired lease, and are happy to stay on. That’s a 6.2% return PA.
The oozes ‘old fashioned charm’ and has been updated throughout, offering 3 good size bedrooms, an eat-in kitchen with gas stove and sunny north facing windows. The lounge room is in the centre of the home and the in-built wood heater radiates to the rest of the home.
The paint and carpets are in great condition, the bathroom is tiled and the laundry has a 2nd toilet. There is also a store room on the western side with access from the front verandah,
The double carport provides easy access to the low maintenance back yard.
THE HOME HAS PREVIOUSLY BEEN SUB-DIVIDED AND ALSO OFFERS THE BELOW
Buy the house $145,000
Buy the neighbouring land ‘facing Darling Street’ $75,000
Buy both the House & Land as a package $215,000
Notes on the land: The owner has ‘DA’ development approved plans for a house to be constructed on the land. This is an easy option for someone to buy both and capitalise.
Contact: Josh Keefe 0418 411 666 or by email jkeefe.cowra@ljh.com.au