Investment Properties
QLD -Price Drop to $410,000 from $490,000
Being legal height under the home gives you the opportunity to build in under and make it a either a 5 bedroom home or do another whole living quarters under the home. What an opportunity this could be.
An extremely well maintained home with good paint both internally and externally,3 bedrooms 1 built-in and 2 air-conditioned, good size living room also air-conditioned, separate dining area, great kitchen, neat clean bathroom, floor coverings and window coverings in excellent condition and lovely front balcony made private and shaded with aluminium louvers.
Under the home finds the laundry, 2nd bathroom, 1 car lockup and loads of workshop and storage space. Another great additive to the property is a massive 9m X 6m shed with 15 amp power. Situated on a 800m2 allotment which is fully landscaped and fully fenced.
Currently owner occupied however there will be a rent appraisal at $1,100/wk plus.
 Buy & Hold
 Development
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| Purchase Price: | $410,000 |
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| Possible Price: | $400,000 |
| Gross Weekly Rental: | $1,100/wk appraised |
| Council Rates: | $1,800 pa approx |
| Management Fees : | 9.9% |
| Gross Return: | 12.5% at $1,100/wk on asking |
| Population: | 3,000 |
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