House for Sale
- About this property
Cash Flow InvestmentProperty ID KOH22614What a great opportunity to invest in a tidy two unit property with long-term tenants and a positive cash flow.
Comprising two, very tidy two bedroom units returning $36,900 p.a. in a rental income from August 2015. Constructed in popular weatherboard, these properties are on one title and have been owned by the current owner for twenty-seven years.
Lots of options available - Live in one and rent the other or keep the two as a long-term investment.
Perpetual Leasehold with a ground rental of $26,300 p.a. and the next rent review not until 2034 (21 year review period)
Owner will consider leaving some vendor finance.
MOTIVATED VENDOR INSTRUCTS TO PRESENT ALL OFFERS!
ParkingOff Street Parking, Double garage
InteriorHot Water Electric Kitchen Standard Bathroom Separate Bathrooms / Separate WCs Stove Electric Interior Condition Very Good Features Decking Floors Two Storey Lounge Combined Lounge Dining
ExteriorFencing Partially Fenced Roof Concrete Tile Exterior Weatherboard Exterior Condition Excellent Aspect Northerly / Easterly / Southerly / Westerly Views Urban Frontage Street Levels Above Ground Amenities Transport / Shops Water Extra Features Town Sewage City
ChattelsBlinds, Curtains, F/Floor Cover, Light Fittings, Stove, Tv Aerial
OtherClose to Schools, Close to Shops, Close to Transport, Polished Timber Floor, Terrace/Balcony