Free-Standing House with Great Rental Returns
Property ID: 14908475
Purchase Price $385K
Estimated Rental return $450 per week
Estimated Yield 5.92%
The site is easily accessible to the Motorway and less than a 5 minute drive to one of Australia's largest shopping centres (some 350 shops, including all the major retail brands in Australia such as Coles, Woolworths, Big W, Myer, David Jones, K Mart and Target plus Several Restaurants and large Cinema complex), a large State Hospital and a train station.
The site is located within 8 minutes drive to 6 private & public schools plus several childcare centres. Coles, Woolworths and Aldi all have stores nearby.
Vacancy rates in the suburb are currently are currently at 1.2% (between 2 and 3% vacancy rate is considered to be a balanced market) which indicates an extremely high demand for rentals. The market here is starting to move and capital growth prospects are strong over the next few years.
3 Bedrooms: master with walk in robe, other s have mirrored built in robes;
2 bathrooms, including an ensuite with the master;
Single lock up garage;
Open lounge & dining area;
Air-conditioning in the living areas;
Security screens and blinds throughout;
Garden Shed for storage
Fully fenced low maintenance yard;
To secure this property, please contact Yujin Yeoh on 0479 191 815