This one is perfect for the investor who is looking to add to their current portfolio or for those just starting out with a good return on investment and secure tenant in place.
This 3 bedroom, 2 bathroom property is situated at the end of a cul-de-sac on a 738m2 block of land close to the CBD.
With vinyl cladding and aluminium windows this is a reasonably low maintenance property for its age. The interior has been well maintained and the kitchen and ensuite updated from original. The bathroom has a shower over the bath and toilet and the ensuite has a separate shower and toilet. The property will require some updates which has been factored in with the asking price and market value. Further information can be provided on request.
There is a long term tenant in place who is more than happy to stay beyond the lease expiring in November 2020. The current rent has this investment at a gross return of approx. 7% yield.
For further details or to discuss viewing options, please call the exclusive listing agent Vanessa Goodwin.
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