This renovated cottage is located in an established east side location. With a long term tenant in place, this property would ideally suit an investor looking for stable, long term rental returns.
The property offers an excellent kitchen, lounge room, refreshed bathroom and 4 bedrooms. The yard is fenced and has a 3m X 3m lock up shed. A full list of replacement items is available on request.
Currently rented at $280.00 per week increasing to $290.00 by the end of the year. This equates a 6% gross return on the asking price.
The current tenant would like a multi-year lease. Well worth a look at the asking price.
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