Investment Properties
NSW - Get in Under $100k
We have been watching this area for a while and have seen bottom end prices creep up. With some new infrastructure going into the town, this could very likely be one of those under $100k towns that creeps up and over that, as we have seen happen in so many towns.
This property is a 3 bedroom house with double lockup garage and carport in a quiet part of town. It is listed for $90,000 negotiable and would rent for $160 per week.
Location can't get better, with this street crossing the main, and the property situated in the quieter end.
 Buy & Hold
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| Purchase Price: | $90,000 |
|---|---|
| Possible Price: | $85,000 |
| Gross Weekly Rental: | $160/wk |
| Council Rates: | $850 pa approx |
| Management Fees : | 8.25% |
| Gross Return: | 9.3% on asking |
| Population: | 3,500 |
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