3 bedroom stand-alone home with equity & yield

Large freehold site, quiet cul-de-sac location.
Create up to $70,000 equity by completing renovation.
Approx 8% yield after reno.

Reg. Valuer's Estimate:
$195 - 200 as is
$230 - 245 after reno
Click here to download the valuation estimate.

This property is a 1970's three bedroom home and is located in a lovely private street. It is considered a good rental location. Construction is fibre cement with an iron roof and wooden joinery. The interior has been partly redecorated and it would be recommended that painting throughout the house be carried out with new floor coverings laid. The bathroom and kitchen are tidy. There is a shower over the bath and a separate toilet. There is a fireplace with a wetback. Parking is by way of a carport and there is a private patio area for outdoor living.

Allowing $7,000 to complete the house could create up to $70,000 equity!

Property Summary

Rooms:3 bedrooms, 1 bathrooms
Area:Land area: 872 sq. m
Registered valuation:$195,000
Rates:$1,941 per year
Potential:Do-up potential
Web site:Click here
Property ID:491

Seller Details

Name: Maree Mortimer
Company: I Find Property
Phone: 07 343 7120
Mobile: 0274 866 146
Email: Contact the seller

 
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