High Returning Low-cost Investment!
Located high and dry with plenty of potential fronting Creek Street, up for grabs is this low maintenance, high set home. With room to build in underneath and create extra storage, bedrooms or living, the options and potential is second to none.
The current tenant has been here for several years and has no plans or intentions of leaving. The lease has just been renewed, returning a very healthy $350.00 per week as of January 10th.
It is no secret that the house is not presented perfect, however a simple coat of paint, and a freshen up will make a huge difference. However, if you are looking to enter the investment market, or simply sit on this to make it your new project, there is certainly money to be made.
Features
• 3 bedroom
• 1 bathroom
• 577m2 block
• Highest with room to build underneath
• Never flooded
• Great views
• Over 6.5% gross return
If you would like to arrange an inspection, please get in contact with Ben Ramsey on 0411 428 474 or Damian Freeman on 0402 078 749. Properties in this price bracket do not last long, so get in quick!
