Entry level price/Renovate for future growth/Achieve 11.9% in May
This property ticks all the boxes, whether you're looking for a solid long-term investment or a great owner-occupier this is your property, with the current lease allowing you time to build equity before moving in and enjoying all this home has to offer.
Built in 1981 this solid brick and iron home is priced to sell and presents a fantastic opportunity in the competitive South Hedland market for the astute investor or a family that needs a home with some room to move.
This 3x1 has been kept in outstanding condition and offers excellent scope for future growth with a possible 4 bedroom already added but requires finishing touches and is currently being used as a storage space.
Further Property Features:
- Achieve 11% plus at rent review in May
- 3 x 1 Brick veneer and iron build
- Large covered alfresco area
- Spacious kitchen dining and living area
- Side access to large back yard with secure lockup gate
- Rarely seen price bracket for a property of this type
- Add a 4th bedroom with minimal work and cost
- Currently leased until May 2012 for $1,200 per week
- Large established paperbark and palm trees
- Great part of South Hedland to live in
- Very well kept home
There's currently a lease in place till mid May of $1,200 p/w this allows for the fantastic entry level price and provides a large amount of room for future capital growth, making it an attractive purchase for a buyer of all sorts.
Be quick to act as properties that present opportunities such as these don't stay on the market for long.
For further information please contact Richard Cook on 0409750490 or (08) 9172 5300