Already rented to fantastic tenants, this property is prime real estate for the savvy investor. Renting out at $300pw, the return is excellent. The tenants have advised they are happy to lease break if a new owner was hoping to move in, making this property available for vacant possession, if needs be!
Hidden away behind mature rainforest style gardens, this gem may need an external paint and a spruce up in the bathroom but the rest of her is perfectly presented and looking for the right owner to finish off the bits and pieces to make her into a crown jewel!
This 2 Bedroom with a sleepout or 3rd bedroom home has a newer modern kitchen, beautiful polished timber floorboards, tongue and groove walls, period features such decorative supporting arch in the double lounge and has even had new split system air conditioning, making both the mains bedroom and lounge space comfortable places to be all summer long.
Outside you will find a weatherboard exterior, those aforementioned mature gardens, and a spacious paved entertainment area to have friends over for drinks and nibbles. A large separate laundry area is off the entertainment, with heaps of extra storage space. There is a single bay garage and both front and rear lane access to the block. To add more the the savings in the bank, this diamond in the rough has already been restumped on concrete and steel, so no timber stumps to replace or worry about them giving access to the termites via.
The property is currently in the process of being hooked up to mains sewage, so no more septic tank or grey water woes to ever be troubled by. Highset, space underneath and a huge yard of over 1140m² to play with as well.
Tenanted until 24/01/2023, however as they are willing to lease break for an owner occupy, don’t let this hold you back. But you want to keep it tenanted? Mount Morgan has a near ZERO % Vacancy rate. There are a line of prospective tenants looking for accommodation right now.
