To invest in the future and let the tenants pay the mortgage.
An older timber home split in two to make 2 x two bedroom units.
Unit one is slightly larger with a bigger kitchen and lounge area. The internal part of the home has tongue & grove timber wall and also on the ceilings plus polished timber floors throughout.
Both units have had the internal areas painted recently. Each unit has a private timber rear deck to sit have a drink and relax in comfort while overlooking a small back yard.
There is under cover parking for cars from each unit.
Only a couple of blocks to supermarket, bakery, fish & chip take away and hotel at the end of the street.
This home didn't flood during the last catastrophe like some areas closer to town.
Built on a 668 sqm block with fenced back yards.
Gross Rates $3177.90 Discounted Rates $ 3121.65 per half year
The units have gross return of approx. $22,620 per annum.
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