Investors can be positively geared from day one with this solid brick and tile home in South Grafton.
Flood-free, low maintenance and ready for new tenants with only a few minor adjustments required.
Or alternatively, a great place for a local family to break the rental cycle and step into home ownership in a very affordable price range.
This three bedroom brick and tile home has scope for further value with the sun-room easily converted into a fourth bedroom if required.
One bathroom, but with a second separate toilet, and with a sensible layout that utilises the internal space nicely.
The kitchen cabinetry could do with a spruce up in time, but there is a new oven installed and with a quick once over of the taps and fixtures the home is very livable with minimal expense.
New carpets, a large solar system with separate solar hot water system, five reverse-cycle air conditioners, ceiling fans - the list of improvements is long.
Storage is well catered for with a pantry or utility cupboard, a separate lock-up brick garage and a garden shed. The property is fully fenced but some sections need attention.
Building and Pest reports are available for purchasers to review.
Please make your interest known early. Opportunities to side-step Jim Chalmers next budget changes are few and far between, and with the ability to be positively geared on rental returns from the first month, this one deserves some serious attention.
Lot & DP info: 50//DP236787
Size: 632m2
Inclusions: 5 air conditioners, ceiling fans, separate brick garage, garden shed, solar electric system and solar hot water system, new oven, new carpet.