This is a fantastic opportunity to get out of the rent race or to buy an investment property with a tenant all ready to go, with nothing for you to do!
Tony our fantastic mortgage broker has said you can get into this property for $868 p/m which is certainly less than the $940 (which you could get more) per month that it returns.
Being so close to many local shops and public transport, having a great tenant will never be a problem as living here is so convenient. The townhouse may be a standard layout, however it is highly functional.
All three bedrooms are upstairs, with the family bathroom down stairs. Enjoy a nice sized open plan living area with a separate kitchen and laundry. There’s also an additional toilet downstairs. The bonus is the size of the large yard, which is a perfect space for pets to run free or have family and friends over.
The rent is conservative at $235 p/w, however there is a tenant currently in place.
At this price surely it won’t be around for long!
I look forward to chatting to you soon.
|R&H Suburb Summary||Houses|
|Number of sales||93|
|Median Rental Price||$270 p.w.|
|Change in Rental Rate (5yr)||13 %|
|R&H Suburb Summary||Units|
|Number of sales||7|
|Median Rental Price||$225 p.w.|
|Change in Rental Rate (5yr)||50 %|