* If you are looking for a high rental yield with minimal outlay, then this property is it. The home was tenanted for $180/pw
for years, the past tenants had occupied the home for 5yrs and were paying a conservative rental amount. With some renovations, this home may attract a higher rental return to further increase the rental yield.
* The home has recently had a coat of paint and some other maintenance to the home, mostly in original condition and lends itself simple renovations to help maximize future rent ability and value.
* The home is very competitively priced, ideal for anyone looking to renovate the home for further rental potential or would make a great entry level, first home.
* Two living rooms, one with a wood fire and reverse cycle wall air conditioner, plus ducted evaporative cooling throughout the home.
* Good sized galley kitchen, functional with electric stove.
* Three bedrooms with original bathroom well appointed.
* Internal laundry leads out to the covered deck area.
* Gas hot water service.
* Good sized shed, parking for one car and workshop space. This shed has rear yard driveway access through double
gates and colorbond enclosed rear yard, ideal for pets.
* The home is positioned on a corner block and may lend itself ideal to build a granny flat to further maximize the rental yield (subject to council approvals), other similar homes have been approved nearby.
Land size: 758.8m2 approx
Contact Josh Keefe 0439 269 449 or josh.keefe@raywhite.com
