10% Yield
10% Rental Yield & Under 100k
* Purchase Price $99500 including finders fee
* Rental $180 to $200
* Rates $1078
* Available now!
Description
This property is a character weatherboard home with three good sized bedrooms. A north facing lounge with good heating and the possibility of a second living room or extra bedroom.
Combine this with a double garage and workshop, and two extra out buildings and you have a very desirable property.
Rental has been assessed at $180 to $200 per week representing a 10% rental yield. The owner would like to stay on as a tenant.
A large 738 m2 section lends itself to further development in the future subject to council approval.
The Property would also lend itself to a light renovation, ideal for the handyman or good project manager (the rental assessment is based on the properties current condition which makes it a great buy and hold rental).

