Now here is a brick and tile home on a large residential block in the centre of a country town and rented at good returns. Do the sums. Currently rented at $200.00 pw. See what I mean? You wont get that return by putting your money in the bank.
The home is about 30 years old and going strong. The colour scheme inside has been changed, and needs to be changed again; but that is just my opinion. The kitchen is quite bright and sunny, and large enough to swing a cat in. The bathroom offers a shower and a bath, though the bath is probably due for replacement. It offers an integral garage, though this has been closed off as a storeroom, and a part of it offers a bar serving into the lounge area. All bedrooms are large and have built-in robes.
The tenant loves the location because it is an easy walk to the supermarket, to the school, to the post office, to the swimming pool, to the Bowls Club and to both pubs.
Now that I think about it; it probably is a great first home for the fledgling family.
Give me 24 hours notice and I can show you through.