This well apportioned property is currently yielding $500 pw in rent, representing a fantastic return on your investment. Add to this that the property is only 3 years old thus creating good depreciation , a great area in close proximity to parks , schools and a stone?s throw from the beach, and you are onto a winner!
The property consists of 3 bedrooms and study which could easily be assigned as a 4th bedroom and expansive living areas with galley style kitchen overlooking dining with roomy family area adjacent. There is reverse cycle split a/c and parking for two cars with a double remote controlled garage, and the al fresco area is integrated under the main roof. A little bit if attention is required to bring the gardens up to scratch but it is a perfect opportunity to put your own stamp on the place. At this price however you can spend extra money without over capitalising .
If you want to take the property on board as an investment then a real bonus is you have tenants who would be happy to stay on but vacant possession is also an option if you are a first home owner and are looking to get onto the property ladder at a very affordable price. Whatever your reasons to purchase this property, at this price you are getting a great buy!
