Investment Properties
SA- Cheapie possible growth area
This 2 bedroom house is situated on the edge of town in a very quiet established area.
It has 2 large bedrooms, 1 upstairs and one downstairs with built in robes and a security system which can be accessed from the bedroom.
It features a large open plan kitchen dining area and has a delightful patio area as an entrance, along with a large bathroom with both a large bath and a large water saving shower.
One of the special features is the big 2 car garage adjoining the house with ducted air conditioning.
We have been advised there is no immediate work that needs to be done to the property for it to rent, however, there is always the opportunity to value add with updates as you go.
There is still very little for rent in the way of houses at the moment, so this one should rent quite well.
 Buy & Hold
 Growth
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| Purchase Price: | $75,000 |
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| Possible Price: | $70,000 |
| Gross Weekly Rental: | $130-$140pw |
| Management Fees : | 10% |
| Gross Return: | 9.6% |
| Population: | 3,500 |
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