Description
An excellent investment opportunity for the astute investor to secure a high returning property with the potential to build another one or two units in the back yard. The block of land measures 20.12m x 55m (1106sqm ) and is just a short walk to the shops, pool, schools, recreation reserve and church's. The two existing units are in good condition and have an excellent rental history. The two current tenants are happy and are paying $290 per week collectively. ($15080.00pa ) First home buyers or retirees should also seriously consider this property as you could live in one flat and collect the rent from the other or even build yourself a new home in the back yard and collect the rent from both flats. No matter what your purposes this is a great investment opportunity.
Was for Sale
- Publish Date: 24-01-2009 02:30:02
- Contact name: David Wheeler
- 115 times displayed
- Website: www.rescom.com.au
- Location: Australia
- Business: ResCom Sale
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- Status: sold
- Price: $235000
