Capital City Cash Cow Earning $1K Per Week
Property ID: 14886655
Purchase Price $650K
Rental Return $1,000/week
Gross Yield 8%
It is rare to find a positive cash property in a Capital City so you will want to move on this one fast. The 3 Bedroom house with updated bathroom and kitchen, en suite, 2 living areas and study is renting for $650 per week while the 1 bedroom studio brings in $350 per week.
There is separate electricity for the house & unit and tandem carport on a 663m2 block.
Being located close to a major University, a TAFE college, walking distance to a bus stop and parks there will also be demand for this property.
Other facilities close by include Cafe's, Restaurants, Schools, Pharmacies, Banks, Post office, Cinemas, Bunnings and Hospital.
For further details call Matthew Barnes on 0430 979 900.