A 6% return is considered good, 7% unheard of... over 7% says buy me now!!!
If you were to pay the asking price you are looking at a 7.3% return. The tenants have a lease in place until March, however are prepared to sign another twelve month lease. If that appeals to you, you need to take a serious look at this property and secure it today.
The property offers four bedrooms, ensuite to master, centralised kitchen, separate dining, two living areas, polished floorboards, tandem off street car accommodation and low maintenance yard. Close to schools, shops and bus route.
If a 7.3% return is important to you make the call and inspect this property
