27 years ago we purchased our first property! The interest rate was around the 9% level, we were on average wages and were being told by our parents that if you couldn't pay cash for it, then forget about it! The banks didn't want to know us, we had a minimal deposit, but we had an idea that if we purchased a good property, in a growing location and one that could have great rental potential, we would be ok. It was the best decision we made!
Now you too have an opportunity to hopefully realise your dream. 6 Blackwood Avenue Beresfield is a sound brick and tile dwelling, with 9 foot ceilings, a great kitchen and honey coloured flooring throughout. But do you want to know the best thing, its got great tenants happily paying $380 per week until October 2020!
Wide side access also leads you to the oversized garage at the rear, potentially one day, a convert for a granny flat or dual occupancy, but certainly, its great storage for now and an additional money maker in the future?
Its so close to Newcastle with just a short 20 minute drive before you hit the city limits and the superb growth prospects may just get your attention. But for me its the affordability of the property, the low interest rate loans available today, and the great Australian love affair of bricks and mortar investment. You just can't beat it!
Call today to discuss your investment strategy, we can even assist by putting you in touch with a choice of finance brokers to help map out your life. Please contact Todd Fisher and Ben Cotton for all details.
All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries at all times. Subject to existing tenancies.
