Investment Properties
NSW - Affordability, Return and Growth Predictions
There is a lot of talk around this area at the moment, with major infrastructure announcements, good water supply and a decent population size it is no wonder. Many investors have liked the area for years as the town has offered good rental returns and a constant capital growth. Writers like Terry Ryder have highlighted this town as “to watch”, as it also may benefit from the massive mining talk in the surrounding the region.
SOLID & STURDY!
* 3 BEDROOMS - BUILT-INS
* OLDER STYLE BATHROOM
* ROOMY OLDER SYTLE KITCHEN WITH PLENTY OF STORAGE
* ROOMY LOUNGE AREA WITH LOG TILE FIRE
* MEALS AREA
* FRONT ENCLOSED SUNROOM
* EXTERNAL LAUNDRY
* SMALL COVERED AREA AT THE REAR
* DUCTED COOLING + GAS POINT
* SECURITY SCREENS
* SOLAR HOT WATER
* DOUBLE GARAGE/SHED, 1 ROLLER DOOR ACCESS PLUS STORAGE
* GARDEN SHED
|
|
|
| Purchase Price: | $178,000 |
|---|---|
| Possible Price: | $170,000 |
| Gross Weekly Rental: | $240/wk |
| Management Fees : | 8.8% approx |
| Council Rates: | $1,500pa approx |
| Gross Return: | 7.4% |
| Population: | 10,000 |
Whilst care has been taken in the production of information and the information contained has been obtained from sources Australian House Hunters believes to be reliable, Australian House Hunters does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose and will accept no liability for any loss incurred in any way what so ever by any person who may rely on it.
