2 Properties in 1, returning around 10% pa ....
Comfortable 3 bedroom bungalow on generous corner block with separately fenced 1 bedroom flat in a good part of town.
Both have been recently renovated and updated and each has a carport and storage shed.
Currently let at $180 pw and $140 pw each a total of $320pw or approx $16,640 this investment currently returns 10.4% gross yield.
Forget Negative gearing and buy this positive income generating investment.
Alternatively a great place for dual family, inlaw and young adult living, or first home with income to offset the mortgage or interest payments.
