Converting the garage to move living space has provided a second functional living in this modest sized townhouse. Paint and flooring is all that’s needed to make this property shine again.
• Tenant in place at $280/w til April 2014
• Air-conditioned living, fans to bedrooms
• Fenced courtyard (pets by application)
• Modern kitchen, covered outdoor area
• Oversize main bed with parents retreat
• Standard second bedroom (built in robe)
• Small complex of 6 units (all permanents)
• Walk to shops, school and entertainment
• 10 minute bike ride to the beach
• Plenty of potential to add value
No neighbours behind and very private courtyard means plenty of peace and quiet. Easy walk to shops, schools and services. 2.2kms to Mudjimba Beach. Some simple updates here will go a long way. Easy project in a sought after location.
Investment Information:
Current rental return: Approx $14,560/yr ($280/w)
Body Corp. costs: Approximately $1850/yr
Rates & Water Charges: Approx $2100/yr
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