A current gross rental return close to 6% - Now that's a good investment opportunity!
Positioned on the corner of Armstrong & Columbia Street, on 1029sqm, is this 3 bedroom family home. Currently tenanted at $240 per week, the home features two living areas, beautiful Jarrah flooring throughout the family and dining room, wall unit air conditioner, compact kitchen and main bedroom with built in robe.
Adjacent the home is a separate 2-room retreat which is currently leased at $160pw. It could be used for a multitude of purposes...guest room, home office or just to give a teenager a little independence without having to completely move out of home! OR keep it tenanted and enjoy the extra money.
A large 9.2 x 6.1m double garage provides enough room for up to four vehicles or great for additional storage.
Great investment opportunity for those seeking a property that is already tenanted or ideal for those will some vision to develop further (s.t.c.c).
Note : Regarding written approval for the house and flat, the Mt Barker Council has advised in writing the following “Although there is no record of the approvals, Council is not looking to pursue it as a compliance matter as it is highly likely they received approval and the record is unavailable”