Brand new carpets in the lounge room and all six bedrooms, new tasteful custom made curtains throughout this fully repainted house! This fantastic investment property is in immaculate condition. Inspection is a must to admire the features and finishes of this large home located close to the University.
Each spacious bedroom features built in wardrobes and custom made book shelves. One bathroom features a bath, vanity unit, toilet and a shower. The second bathroom features a toilet, shower and vanity unit. The home features a large open plan living area, large kitchen with two stoves, gas cooking and heating. There is also a formal lounge with beautiful long range views. There is a good size laundry and workstation for computers etc.
There is a paved outdoor entertainment area, fully fenced back yard and a longer than usual lock up garage with windows.
Delivering an above average return of over 6% p/a with a rental of $460 per week. With very little maintenance to spend over the next few years, this one will appeal to the astute investor. Currently rented to a family until February 2013.
The potential to rent to 6 students at a rental of 6x $135 per week is a future option
(Total $810 per week income which is over 10.5% return)
The new carpets, curtains etc also provide an attractive depreciation opportunity to enjoy a substantial tax advantage.
At this price watch your capital grows!
Call Craig on 0408 360 635