This is the opportunity for the start of your investment portfolio. With a current rental return of 6.6% gross (lease expires Dec 2013) this is a great investment opportunity. There is no need to improve or outlay capitol at this stage.
The brick veneer property consists of three bedrooms, two with built-ins and one bathroom, a kitchen and dining area plus a separate lounge. Heating is currently a Pureheat electric wall heater.
The house is situated on a good size level corner block and could be easily fenced off at the sides to make it safe for prospective tenants.
A major supermarket is only five minutes away, schools are close by and public transport is a five minute walk. Now priced to sell in a buyers market, make a time now for an inspection and start the property ball rolling.