Renovation Opportunity in a Gentrifying Suburb 10 km from Capital City
Property ID: 14897425
Purchase Price $415K
Current Rent $410 a week (Lease until October 2016)
Median 3 Bedroom House Price in suburb : $510K+
Comparable Partially Renovated properties in the suburb 500K+
This is an excellent opportunity to create value and build equity through a strategic cosmetic renovation. The property is ideal for renovation as there is a sizeable disparity in pricing between renovated and un-renovated properties in this suburb.
10 km from Capital City CBD
Walkscore of 61
Walking distance to restaurants, takeaway outlets, ALDI, parks, banks, pharmacies and three (3) child care centers
Six (6) schools within 1.1 km
1 km to a Hospital
1 km to a train station
1.5 km to a shopping centre with Kmart, Cinemas, Coles and 135 other speciality stores and multitude of food options.
1.5 km to a University
3 km to a Westfield Shopping Centre with a Myer, David Jones, Big W, Kmart, Target, Coles, ALDI and 440 other stores, 6,000 car parks
Easy access to motorway
3 Bedroom, brick and tile house
Lock up garage & Carport
Initial feedback, property is structurally sound
Large opportunity to increase value through a cosmetic renovation
Call Yujin Yeoh on 0479 191 815 now to secure this property now.