Looking for your first investment? Wanting positive cash flow? This could be what you’re looking for.

Located in Tolland which is undergoing a transformation, this home offers you opportunity. With 3 bedrooms, a functional kitchen and bathroom, it is affordable, with similar homes in this area selling in the very low $100,000′s. It does require some updating and renovations to prepare for a tenant.

The addition of air conditioning, wardrobes, and under cover parking will improve rental returns. replacement of front fences also recommended.

Rental potential – between $190 and $220 per week.

Block size – 582.6 sq metres
Note: boards over windows are excluded from sale, some cooper pipes have been removed.

Other properties being offered at our 4th May 2013 auction include:
24 Marshall Street, Ashmont
4 Buna Street, Ashmont
1 Bingham Place, Tolland
4 Rogers Place, Tolland
9 Macquarie Street, Mount Austin
16 Menagle Street, Ganmain (Vacant Land)