Ready to step into your first home or a solid yielding investment?
136 Armidale Street has been a long-term rental with the same tenant for the past 13 years - but now it is time to find a new owner.
Whether you are looking to keep the tenant on and collect the $350 per week, or if you are looking to escape your own rental cycle - this one could be that first step onto the property ladder.
The property is located in flood-free South Grafton on one of the main arterial roads into town.
Three bedrooms, one bathroom (but with a second toilet), a lock-up garage and a big backyard with your own mango tree make the highlights list.
It is close to local schools, the shopping centre and sporting fields - all part of the reason the tenants have enjoyed living here for so long.
They would love to stay on in the home but are at the end of their lease and understand that the new buyer may want to move in asap!
Pest and building reports are available - and while the property does have some work to be done, it is not falling down and is very livable as is.
You couldn't go close to buying the land and re-building a home for anywhere near the price. This property is an ideal first home buyer's target and would also compliment an existing investment portfolio with plenty of upside after a renovation.
This is at the extreme low end of the market and you will not find a cheaper home ready to live in anywhere in the postcode.
Reach out today to get copies of the reports, make your enquiries and arrange an inspection.
