Tenanted Freestanding Home Projected to see Capital Growth
Property ID: 17315875
Purchase Price $340K
Rental Return $360 per week (lease until September 2017)
Gross Yield 5.51%
Being located in one of Australia's fastest growing regions. Strong rental returns and depreciation benefits provide great cash flow.
The suburb has been identified as a key Activity Centre in the Region.
There is a new industrial/business park development in the area which will be the largest business and industrial site in the region. This will include 1km of highway frontage for retail warehousing and other high exposure businesses.
Within a 10 minutes drive your tenants will have access to more than a dozen Supermarkets including Coles, Woolworths, Aldi, Spar & IGA, dozens of Restaurants and Cafe's as well as Banks, Pharmacies and Medical centres. There is a also a Shopping Centre with Big W,Target,Coles, Kmart, Cinemas, more than 150 Specialty Stores and over 1,650 Car parks.
There are several childcare centres and schools (both Public & Private) within 5km. A University and a TAFE campus are also nearby.
Easy access to the nearby highway and also train station with services to Capital City
4 bedrooms all with built-ins
Master bedroom with ensuite and walk-in robe
Open plan kitchen, dining and living area.
Double car garage
Built in 2007
Contact Yujin Yeoh on 0479 191 815 for more details.