Value In Newtown - Investment Or Home Plus Income
First step on the property ladder. Here is a well presented two bedroom home with a compact re-modelled one bedroom flat below. Current rentals of $410 per week up - $285 per week down are under market level. Potential rental range of upper flat is $500 - $550 per week and lower flat $300 - $340 per week. A very attractive investment proposition or home plus income - why rent when you can own? Excellent sunny location, very close to the hospital and all amenities. Real estate rarely available, only two owners in 27 years. CV $740,000. Rates: $2,775.79 per annum (approx.). Highly recommended. Insulated and healthy home compliant.