UNDER CONTRACT!!!
GREAT opportunity here with this updated, 2 bedroom, solid brick unit built in 1973 that is located conveniently close to Southgate Shopping Centre, several local schools and bus routes and would make a valuable addition to an investment portfolio and/or provide an opportunity to live in and enjoy it one day.
This unit is expected to attract investors, downsizers, couples and first homebuyers to the Open Inspections.
Features include the polished timber floors in the living areas and also both of the bedrooms, an updated kitchen, an updated combined bathroom/laundry, a wall-mounted reverse cycle split system air-conditioner in the lounge, built-in robes in both bedrooms, one parking space and small rear yard.
The unit is tenanted until April 2017 at $245pw which provides a great investment yield of 6.53% on a $195,000 purchase price. The tenant is wanting to stay, but will vacate the unit by the settlement date if the buyer/s want to move in as an owner-occupier instead of continuing to rent it out.
Be quick as this unit is expected to bring a high level of attention from buyers and is definitely priced to SELL!!