Currently receiving $16,900 rent per annum. At 80% leverage and the low cost of debt capital this is a smart option for the savvy investor!

***Fixed term tenancy until end of January 2015***

Low maintenance and popular location.

Ground floor contains kitchen servery, vinyl floor, 4 ring oven, Formica bench. Living area off kitchen with new carpet and opens to sunny private north facing courtyard. Laundry accessed through garage or from courtyard.

Upstairs includes two double sized bedrooms with carpets and built-in wardrobes. Bathroom between each bedroom includes toilet, shower and vanity.

Driveway access to a single garage adjoining dwelling.

Exterior is concrete block and has withstood earthquakes exceptionally well (zero structural damage).

This property is well suited to a wide market audience.

Very handy to many services, shops and schools and is situated in a desirable location bordering St. Martins.

Fenced and landscaped.

1 of 6 appartments (all cross-leased titles on the one 961m2 section)