Modern renovations / Solid company lease / 12.2% ROI or 104,000pa!!
This 4 bedroom 1 bathroom brick built property presents an excellent opportunity for the astute investors out there to grab an excellent buy that will offer both strong capital growth and massive rent returns. With an estimated profit after expenses of $20,920 on the first year alone. With extensive renovation being completed only 18 months ago the home offers a modern feel from the second you walk through the door.
Features include:
- Leased at $2,000p/w until January 2014 to a large national company
- Offering a massive return of 12.2% or $104,000 pa
- 4 bedroom 1 bathroom fully air conditioned home
- Full renovation to the kitchen offering both functionality and style
- New tiles throughout and a fresh coat of paint with in the last 12 months
- Constructed from Brick and Iron situated on a 712sqm block
- Single car port with ample off street parking for additional vehicles or boats
- Situated on a quiet street with a nearby park
- Outdoor alfresco area at the rear of the house
- Achieve an estimated profit after expenses $20,920 on the first year!!
This modern 4 bedroom home will continue to be a favourite in the leasing market for many years to come and will continue to pay dividends. With both exceptional growth prospects and the returns only set to go up from here this property is a standout in the current South Hedland market!!
Call Richard Cook today from Crawford Realty on 0409 750 490 and discover why this property is exactly what you've been looking for!
"Whilst due care has been taken, these figures and calculations are based on current market information and are subject to change."