By Negotiation

If you are looking for a great investment opportunity, one that is already set up and operating successfully, then this property in Margaret Street would have to be a contender. The lease on this property commenced in October 2015 and was renewed in October 2018 for a further three years. The home sits on 708m2 (more or less) and features a spacious open plan kitchen, dining room and lounge, which is well sited for the sun. With five bedrooms, a main bathroom with shower, toilet and vanity, and a separate shower room and second toilet at the rear of the house, there is plenty of room to spread out. Other features include two heat pumps, a separate laundry, single garage and fenced grounds. The property does require work to modernise, however a home of this size in this location, we feel there could be an opportunity to add some value. Rateable value $420,000.

Amenities

• Bedrooms: 5
• Full Bathrooms: 1
• Partial Bathrooms: 0
• Property Type: Other
• Home size: 0 ft² / 0.00 m²
• MLS: BU72527
• Web ID: 3M4QWT
• Status: Current

Map