For Sale - $240,000

Two bedroom plus sunroom home ready to be transformed, EQC works have been completed with a new heat pump installed and paint works carried out. The property has had a new roof and weather boards have been replaced, the laundry has been partly relined and needs finishing and the sunroom could be converted into a third bedroom. With rental statistics in the area at the lower end ranging from $305 for two bedrooms to $380 per week for three bedroom houses, once it is cleaned and finished off this house has potential to achieve an 8% plus return. The house has full insurance and the vendor will help to get this transferred to the new owner. The house is sited on TC2 land as zoned by CERA. Within 500m are numerous amenities; Eastgate Shopping Centre, schools and public transport. Sensibly priced for an immediate sale.