Located in the popular Horsham West area this well maintained unit is currently leased to a reliable long term tenant generating a rental return of $14,560 pa (gross) with a scheduled increase to $15,340pa on 28/12/26 . The property features a generous living zone incorporating a spacious lounge with split system heating / cooling, designated dining area adjoining a functional kitchen complete with elec range, two queen sized bedrooms, both with Bir's, Family bathroom with shower, bath and vanity, laundry and separate toilet. Set on a private, low maintenance allotment with large rear yard with dual carport.
The adjoining unit at 1/157 Natimuk Road is also available for purchase at $ 299,000 and leased to a long term tenant at $17,160.00 Pa (Gross)
NOTE: Minimum rental standards now apply in Victoria, Investors should make independent enquiries to ensure a property complies prior to purchasing - for further details go to:
https://www.consumer.vic.gov.au/housing/renting/repairs-alterations-safety-and-pets/minimum-standards/minimum-standards-for-rental-properties
