69 Nelson Street CALIFORNIA GULLY VIC

Finding a sensible entry to the market this year has been a challenge to say the least, and the same goes for a reasonably priced investment property. However, just as we’re about to say goodbye to 2021, this fantastic home has just become available. The property has three bedrooms with built in robes, plus an extra multi-purpose room behind bedroom 3 which could be used as an extra living space/rumpus for the kids, or an extra bedroom if needed. The main living room and kitchen/dining area is a generous space, and the bathroom is neat and serviceable. The home is mostly original inside, however it’s been looked after very well and would be comfortable to live in now with the scope for a cosmetic upgrade down the track. The home is currently tenanted to a very long-term tenant, nearing 20 years of looking after the house like their own. The tenants will be moving out in January, so the property is being offered with vacant possession. A current rental estimate has suggested a rental return of approximately $340pw should be achievable in its current condition, however a minor freshen up would assist in increasing the yield. Some modern conveniences have been added already, with a near-new split system air conditioner and ceiling fans throughout. A good-sized backyard and brick lock-up garage are the bonus additions to an already ideal selection. There’s transport and amenities close by, and an easy commute to either the Bendigo or Eaglehawk CBD.