ENTRY LEVEL INVESTMENT

This three bedroom property presents an opportunity for those looking to renovate, invest and capitalise further. Currently achieving a 5.9% return, it offers strong potential for buyers wanting to expand their portfolio and add value through a cosmetic renovation, or explore future development opportunities (STCA) on its generous 660m2 (approx.) allotment with backyard access.

The hard work has already begun, with the property having undergone re-stumping and an electrical upgrade earlier this year, with an updated kitchen with gas cooking and an open plan floorplan flowing to the dining and living area with split system heating and cooling. Three bedrooms, master with built in robes, a bathroom with shower over bath and vanity and a separate toilet located in the mudroom/laundry area, which also includes a second shower.

Whether you’re seeking an investment, a development opportunity, or a entry level home in an affordable price bracket this is worth a considering.

Currently tenanted on a periodic term lease at $320 per week (minimum 48 hours’ notice required for all inspections). Call today for further information!

Property ID: 1380712

Click here for the Consumer Affairs Victoria Due Diligence Checklist for Home Buyers