LOCATED at 4 Milner Street, South Dudley is arguably the most healthy investment property available to purchase in Wonthaggi.
The home is structurally very sound and features a front sunroom, two bedrooms both with robes, comfortable living area and well-appointed kitchen and bathroom.
It also has reverse cycle heating and cooling, a garden shed, ample room to park cars at the front and space for a picturesque garden at the rear.
Privacy and security are assured as to be a sound rental return.
The current tenant is paying $220 per week and is locked into a lease until June 2015.
The tenant treats the home as her own and has assured she wishes to continue occupying the property for many years to come.
All investors should take out their calculators and do some sums.
Yes, that’s right, a guaranteed 7.2 per cent return, far better than the bank with tax benefits and also capital growth.
Priced realistically at $159,000.
Contact PBE Real Estate on 5672 1883 for an inspection or further information.