Property with 2 income streams. This property has been returning $23,000p.a. to his lucky owners. This is an investment that the savvy investor would take a careful look at. At the front, the tidy 3-bedroom flat, recently entirely redecorated and currently vacant has a rental appraisal of $300p.w. At the back is a two-storey 4-bedroom flat, currently tenanted at $230p.w but a rent review is long overdue. The property is located in a high rental demand area, within walking distance to several schools and town. Easy care section and plenty of off street parking. If you're looking to start or increase your portfolio you have to look at this! Or you could happily live in the front flat while your lovely back neighbours help pay the mortgage. At potentially $28,000p.a, that's huge money, do your maths and make an offer.
Owners have other plans and want to move on. Be quick!