This is the perfect investment property and has the potential to earn its new owners probably the best rental return available anywhere in Ringwood North. The property enjoys 2 seperate dwellings which enjoy combined potential rental returns of around $450 per week.
The front dwelling is the original weatherboard home. This home offers 2 large bedrooms, and a large family room which adjoins the kitchen. Features of the front home include split system airconditioning, gas heating, double carport and a large outdoor area at the rear.
The rear dwelling is a 1 bedroom unit which enjoys a seperate bathroom, kitchen and lounge area. This unit has been recently updated and has the added feature of split system airconditioning and heating, double garage and enjoys a good size yard at the rear of the property.
Adding to the appeal is the fantastic location of this unique property which is perched high on Loughlin Hill amongst the finest homes in Ringwood North. The property is ideally positioned close to the entrance of Eastlink and within minutes of Eastland shopping centre.
Simply purchase this great opportunity now and enjoy immediate rental returns while you sit back and watch the value of your investment grow as a result of the first class location and the huge parcel of land measuring 889m2.
Call now to arrange an inspection.