This is a real opportunity for First Home Buyers to collect the $15,000 First Home Buyers Grant available for New Homes (subject to application). The relocation and renovation of this home is considered a new home by Wagga Wagga City Council and is being treated as supply of a new dwelling for tax purposes.

The relocation of this three bedroom home to Ziegler Avenue has included the removal of asbestos from the external walls and eves of the home.

The house has also been fully insulated in walls, ceiling and under floor. While a new instantaneous gas hot water system and a 3.5kw Mitsubishi split system air conditioner has been installed.

Whilst buyers may consider further improvements to the home, there has already been a significant amount of work completed providing significant depreciation allowances for investors.

Expected rental of $235-240 per week will see investors buying with an 8% gross return.

This home simply must be seen to be fully appreciated.