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Better Than the Bank Great Return on your InvestmentProperty ID 1641477Don't have enough to buy anything bigger, but you would like a reasonable return on your investment. Then this could be for you.
It is a one bedroom double brick and tile, with its own carport and gate.
It is located to the front of a group of units and is joined to another at the carport and is on a fairly quiet street. It has a' back fence which has just been replaced. It is a low maintenance property.
It currently has the ideal tenant who is on a fixed term rental of $230 per week until.Aug 17. This great tenant would love to stay long term. Years if possible.
It has security screens and doors, and an enclosed back yard with Hills hoist.
It is insulated, has a good sized living area which is carpeted and is alongside a lino covered kitchen, which runs along the back wall and overlooks the back yard. Inside there is a reverse cycle air conditioning, electric storage hot water. It has an electric stove and oven. A reasonable amount of bench space and cupboards. The bathroom has a fairly new vanity and the shower looks well looked after. It also doubles as a laundry. The master bedroom is quite spacious.
It's strata fees are about $420 per Qtr. (This includes building insurance, water rates & usage, and Maintenance of the grounds.)