Positively geared investment opportunity!
It's not often that an investment opportunity like this presents itself and this townhome which is currently owner occupied and very neatly presented is sure to be snapped up quickly by astute property buyers. Tenant demand for entry level apartments in this area is strong which provides comfort for those looking to set and forget their investment assets for the long term.
Not only is this property at an attractive price point the overall cost of maintaining a townhome of this size is extremely low and when coupled with a low body corporate the operating costs of an investment of this kind is very appealing.
Key features include:
- Air conditioned living area
- Near new kitchen
- Two double bedrooms
- Main bathroom with separate toilet
- Single lock up garage
- Direct access to the adjoining shopping hub which includes supermarket, bakery, Thai restaurant, gym and bowling alley.
The ease and convenience of living in a townhome in this location certainly makes it attractive to potential tenants and we expect that the property will achieve a rental return of $280 to $290 per week or $15,080 per annum, with finance rates currently sitting around 4.5% there's a genuine opportunity to gear this property investment for positive cash flow.
Contact me anytime for further information on 0424 133 622.
