Type of Property: House

Reason of Purchase: Investment

3 Bathroom Icon2 2

Many said it couldn’t be done!

Purchasing a house, on a generous free hold lot, with a liveable house within 10km from the CBD, Sub $500,000 but we did it!

This well maintained home was purchased as an investment property for a Sydney based investor, the property offers a rentable dwelling as is, but also has opportunity to add value through cosmetic renovations and improvements. 

The real opportunity with this property in to add value by adding an ensuite, and a Deck which would kick this property into the next price point, unlocking equity and increasing the rental yield.

 

Fast Facts:

Price:$480,000

Bed / Bath / Car: 3 / 2 / 2 

Rental Yield: $440 – 460 Per Week or around 4.9% Gross

Block Size: 544m2

Proximity to CBD: 10-11km

Notes: This well maintained family home is sitting on an elevated position in Keperra, and hold future value adding potential.