5 bedroom house within walking distance of South City Shops and a short drive to city centre.
Purchase Price $152,000 (incl finders fee)
Current tenants paying $205/week and are moving out, so there is an opportunity to charge your new tenants full market rent up to $220/week (rental appraisal will be coming soon)
Rates $1,242.90
GV 2005 $95,000
The house was built in 1914/1929 and is situated on Freehold 541m2 section
The house is tidy but could do with a little bit of landscaping to match the neighbouring houses.
Last day for assignment 20.08.07
Settlement 24.09.07 with early access to tidy up and find tenants.
Comparable sales:
72 Janet Street $159,000 19/03/2007 120m2
10 Selwyn Street $160,000 18/05/2007 120m2
57 Elizabeth Street $165,000 09/05/2007 110m2
Click on the photo to enlarge