Home for Sale 479 Williams Lane Broken Hill 2880. Currently tennanted under a three year Government lease agreement, set to expire October 2016. Guaranteed rent of $190 per week (net). Current owner has owned for 8 years, reluctantly selling due to family requirement. Just under $8000 in Capitol Works completed in October 2013 (receipts of payment in request). North facing home set on 538 (sqm) block, situated in the sought after Central/North part of Broken Hill. Walking distance to main CBD, hospital, schools and public transport.
2 bedrooms, 2 bathrooms, 2 car undercover parking, air conditioned and cosy in Winter thanks to two fireplaces, this great little cottage fits perfectly into the Broken Hill landscape and is a cracking opportunity for an investor looking for low entry and high returns. Broken hill is seeing steady property prices growth but has been recognised as having one of the highest rental price growth areas in NSW and with such a strong Mining and Arts sector, shows no sign of slowing down due to the growing demand. Minimum 9%return annually..
