Affordable Investment Property
This property has a tenant with a fixed term lease until 19 March 2023 paying $260.00 per week. It will suit the investor looking for a fantastic rental return. The property is currently returning 9% Gross based on the asking price.
Properties in this price range are hard to find in a City.
Geraldton is a coastal City of around 40,000 people which includes surrounding shires. With modern infrastructure the City of Geraldton is a fantastic place to live without the large crowds, but you still get to enjoy all the facilities a City has to offer. All the superb beaches are only a few minutes' drive as are all the restaurants, cafes, shopping, educational, medical and hospital services.
One of the great sayings in Geraldton is "Everything is 10 minutes from anywhere".
Now about the property. It is a comfortable 3 bedroom 1 bathroom home with a separate laundry and toilet. Built in 1968 on a 830m2 block, the house is in good condition for its age. Some of the features of the house are - air conditioned master bedroom, formal lounge, spacious kitchen with dishwasher, beautiful wooden floorboards throughout, fully fenced yards, gated carport with side access to rear of the property, NBN fibre optic is connected to the home.
For further details or to book an inspection call exclusive sales consultant John Mandosio on 0417 959 004 or email
[email protected]