There are not very many investments that can boast a 7.94% return without negotiation! These lovely owners are very willing to listen to offers and so you can certainly turn this into a very generous investment property. The bonus is a long term tenant, so far five years in this property so you have the stability of a constant income being at presently $275 p/w
This very characteristic property which is positioned in the heart of the CBD (walking distance to all amenities) of Charters Towers is certainly well worth your consideration for your next or 1st investment opportunity. This double storey building has over the years had extensive renovations carried out. As it goes; the bottom level is not legally able to be let out to a separate tenant but is certainly very handy for extra storage.
The top level which is 3 bedrooms plus office, modern kitchen and bathroom, generous lounge/dining area. This area is of the average small home, so the downstairs area which is 2 small bedrooms, modern bathroom, basic kitchenette (stove not wired in), lounge and dining area but only for the use of the current tenant.
So all in all this is a very viable neat and tidy package.
Features:
* Two storey timber framed building
* Rented for $275 p/w
* Top Level
* Bedrooms: 3 bedrooms; main with box air-conditioner, fan and carpet, 2nd bedroom: fans and carpet, 3rd Bedroom: smaller
room with carpet plus office area: perfect area for computer desk.
* Lounge/Dining Area: Large split system, carpet fans. Lovely high ceilings and very generous area.
* Kitchen: modern kitchen with free standing electric stove, pantry with plenty of extra area for extra fridges and
freezers.
* Bathroom: renovated, tiled with shower and vanity and separate toilet.
* Front timber deck for your morning coffee!
* Downstairs
* Fully enclosed area: Not council approved for separate living area but certainly very handy for the current tenant
for extra storage.
* Bedrooms; 2 small bedrooms with built in’s, tiled.
* Bathroom: Shower, toilet and vanity. Quite modern. Linen cupboard.
* Kitchen Area/Dining/Lounge Room: Fully tiled area with small kitchenette (stove not connected)
* Covered sitting area.
* Laundry: outside laundry
* 2 Car carport.
* Size of block: 1075m2 fully fenced block
* Walking distance in both directions to all amenities.
* Currently receiving rental returns of $275.00 p.w

Fabulous opportunity for a rock solid investment here in Charters Towers, great returns, great tenant and bright future! Please call Lisa Palmer at Raine and Horne Charters Towers to organize an appointment today.