Your investment will be worry free with this solid-as-a-rock, low-set, three bedroom block home in Tully. Featuring easy care tiling throughout, double lock up garage, low maintenance yard, new air-con, new hotwater system, new fence, and a great tenant, this property could be YOUR investment dream. Just look at the pictures… this home has Excellent Rental Property written all over it!
Leased at $240 per week, the house can make you almost $12,500 per year just in rental returns, not to mention the extra money you could get from tax deductions and depreciation. Not a bad increase to your annual income.
Second to this original investment home however, there is a strong possiblility of being able to build a second home on the block to either live in, sell off, or rent out too! A development application is already in council for the subdivision of the land, and, subject to council approvals, this gives you plenty of options to develop this block.
When good income is teamed with good capital growth, a great investment opportunity is born! Inspect today or you will risk missing out!