Are you looking for a property in Cooke Point that is ready to renovate and has an upside. Well then you had better look very closely at this great opportunity.
This three bedroom home in Robinson Street Cooke Point is in original condition and just waiting for an investor with some imagination to bring it back to its former glory. The easy care 702m2 Site is set up with a large patio area for entertaining and a Gazebo at the back.

The upside is that there is an area in the back corner of the house that could very easily be turned into a fourth bedroom thus increasing the rental dramatically. The tenants are paying $1500 per week at the moment with the next rent review being in February 2012. This could very easily then bring the rental up to over $1800 per week giving a very handsome 9.8% return. If you add a fourth bedroom then the rental would be even higher.

Properties in Cooke Point are very much in demand both as a rental and for investors so if you are looking for a good long term investment you need to be quick, phone me now to view or to make an offer.

Phone Bruce McDonald on 0400 548 442.