There is an old real estate adage, you can change the house, but you can’t change its location. This property is located in one of the most sought after areas in the northern suburbs. It was improved 5 years ago, including new carpets and heat pump. There is scope for further improvement.

Where can you get a solid home on a good sized block with a lock up garage just 10 minutes from the CBD for this price?

The house itself has two good sized bedrooms and a large sunny open plan living/dining area.

The kitchen and bathroom are both perfectly practical as is, but with a little updating you would potentially be adding value.

There is plenty of off street parking and large level lawns and gardens. Currently rented at $285 p/w, this property offers investors a great 6.5% return as is, and even more potential with further renovation. It also offers the first home buyer or renovators a great step into the Lutana market.

Looking to invest? Looking to improve? You need to look at 96 Bowen Rd Lutana.