Investment Properties
NSW - Room to Grow and CHEAP!
This 3 bed house needs some minor work now; carpet in one bedroom and curtains, however, is currently rented for $130pw. If you replace the kitchen rent would increase to $155-$160pw.
It is located in an area of ex housing commission homes, with the majority of these now privately owned, as is this particular one.
Good little renter, not a bad area and under $100k!
 Buy & Hold
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| Possible Price: | $70,000 |
|---|---|
| Possible Price: | $68,000 |
| Gross Weekly Rental: | $130/wk leased |
| Council Rates: | $850 pa approx |
| Management Fees : | 8.25% |
| Gross Return: | 9.6% on asking |
| Population: | 3,500 |
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