This 3 Bedroom Home in Binnaway although on the Older side will Give an immediate return on your investment.
Fully leased to an excellent reliable long-term tenant , currently paying $320/week
This 3-bedroom home on a generous 812sqm block with rear lane access offers an immediate 5.5% gross return on investment,
The functional kitchen and external laundry (including a second toilet)
The hard work has already started here. This home features:
Fresh interiors with recently installed Gyprock walls and ceilings throughout
Durable new flooring, including high-quality vinyl and carpet for a modern look and easy maintenance
Freshly painted interiors in a clean, neutral palette
Solar panels installed to help reduce electricity costs and improve tenant appeal
Efficient gas heating and a solid carport
Positioned in one of the best spots in Binnaway, the house is:
Directly opposite the river for a peaceful, premium outlook.
Current Rent: $320 per week ($16,640 annual income)
Low Holding Costs: Approx. $65 per fortnight council rates plus water
Approximately 100m from Central School,the public pool and Main Street - everything is at your doorstep
The large 812sqm block with valuable rear lane access provides ample room for future sheds, workshops, or further development (STCA).
Asking Price of $300,000.00
For your Inspection Contact
Chris Korff
0427 005090
