A fantastic investment opportunity here with 2 townhouses on the block.
Front house does need renovations but once completed this is the perfect set up to live in the front house and rent out the back, or keep them both tenanted and reap the rewards.
13a- 3 bedroom weatherboard residence. electric appliances and reverse cycle air conditioning. Under cover outdoor area, private back yard and a single carport. currently tenanted at $210 per week.
13b- 2 bedroom portable residence, electric appliances (as new oven/stove) with reverse cycle heating and cooling, has recently had new floor coverings installed, freshly painted and new blinds. Single carport , garden shed and a private yard. Currently tenanted at $250 per week.
The combined rent offers a return of approx. 6%