This could be the perfect opportunity for a first home buyer to get into the real estate market sooner rather than later.
It is so hard for first home buyers to qualify for a housing loan these days as it hard to save enough money for the deposit and sometimes your income is too low. Well, because this property has a tenant paying $280.00 per week and has a lease until 15th May 2017 the extra income will help you qualify for the loan, so you can buy now on todays prices rather than later at possibly a higher price.
This home is in good condition and features three good sized bedrooms, a spacious living room plus a rear family room extension, a nicely renovated kitchen with dishwasher and gas stove, a fully equipped bathroom, good sized laundry and a separate toilet. Plus there is a double carport, double colorbond shed and a paved, north facing out door entertaining area.
Being a corner property there is also the possibility of subdividing ( STCA ) and either selling the block or building a unit in the subdivided land. Which makes this an excellent property for investors to invest in.