Investment Properties
Vic- Cheapie with 10% return
Already rented for $140 per week this 3 bedroom home would make an ideal addition to your investment portfolio. The home consists of an open plan meals dining area, separate lounge, 3 bedrooms, functional bathroom, wood heating, evap cooling & plenty of storage. The home is priced to sell.
There is no real work to do on this property however within the next 5 years it will need an external and internal paint.
At the moment you just need to replace some shade cloth out the back.
The tenants have been there for 12 months and are about to resign a new 12 month lease.
 Buy & Hold
|
|
| Purchase Price: | $79,900 |
|---|---|
| Gross Weekly Rental: | $140pw |
| Council Rates: | $1,000 |
| Management Fees : | 9% |
| Gross Return: | 10.3% |
| Population: | 3,100 |
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.
