Looking for a good brick and tile investment property with a gross return of 7% or better. Then look no further. This home is currently owner occupied and well maintained. The roof has recently been re-pointed, the bathroom has been renovated in recent years and the carport has had a roller door installed to improve privacy and security. There are three bedrooms, reverse cycle air conditioning has been installed and a gas heater is provided for colder months. Similar homes are currently being rented in the range of $240 to $250 per week. Rentals at these levels will deliver a gross return of better than 7%.
Investors should give this serious consideration.