If I had the time I?d buy this little gem myself, spend a few bucks and flick it for a tidy little profit.
This good condition 2 bedroom unit is in pretty good nick but definitely lends itself toward a quick reno (bathroom, flooring & maybe a coat of paint) and then re-sell for a quick profit.
This is the cheapest unit we have on our books by far, in fact a renovated unit in the complex has just been listed for $299 000, that?s a price difference of $50 000! How much do you think it would cost to renovate this one $10 000, maybe $20 000? You do the maths!
Alternatively if you are sick of paying of your landlords mortgage why not start paying of your own?
First home buyer, investor or downsizing, this unit is definitely worth an inspection.