THIS ONE IS DEFINITLY FOR THE INVESTOR
Opportunities to get returns like this don’t come up very often. Currently renting for $590 per week – that’s right a $2556 per month return.
Older style side by side flats, one of the originals in the area. Each property consists of 2 bedrooms, bathroom open plan living dining kitchen area. Ideal for older clients, with all the facilities so close by. To be honest the location couldn’t be better, right in the heart of town, literally 2 minutes to the shops, and 2 minutes to the club, not on a main road.
Property is always popular and rents very quickly. With everything from Coles, clubs, doctors, chemists so close, you don’t need a car to live here.
With a bit of TLC some updating and modernising you could easily increase the rental potential of this property. The choice is all yours.
Hope to see you at the open house.
|R&H Suburb Summary||Houses|
|Number of sales||80|
|Median Rental Price||$375 p.w.|
|Change in Rental Rate (5yr)||10 %|
|R&H Suburb Summary||Units|
|Number of sales||7|
|Median Rental Price||$330 p.w.|
|Change in Rental Rate (5yr)||12 %|