Investment Properties
NSW-Growth Area, Good Return and future development
This is a great opportunity to get into an area that has been much talked about and has millions of dollars being spent in the region.
The property is a house that has been converted into 3 x 1 bedroom units that have all been redone with floating floors, new carpet, new paint and has open plan kitchen, dining and lounge. Each unit is tenanted and has always been tenanted at $100-$110 per week.
The property is located in an excellent CBD location and on a corner block which will allow for future development.
 Buy & Hold
 Development
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| Purchase Price: | $225,000 |
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| Gross Weekly Rental: | $300-330pw |
| Council Rates: | $1,500 pa approx |
| Management Fees : | 8.8% |
| Gross Return: | 6.8% |
| Population: | 12,500 |
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