Affordable Option Or Investment Stepping Stone In Central Albany
Discover an ideal investment opportunity with this well located unit in Spencer Park. With an attractive price around $320,000, this property offers strong rental returns with an estimated return of $350 per week, resulting in a gross yield of approximately 5.7%
You're also investing in a top central suburb. Spencer Park is in my view a great up and coming suburb with a lot of future potential. The neighboring suburb of Mira Mar is one of Albany's most popular suburbs and with all the amenities nearby Spencer Park has been on the rise.
The Spencer Park IGA and shopping complex is over the road, primary and high schools are nearby, Middleton Beach isn't far either as well as Albany's city centre.
This property is perfect for an investor looking for a low capital investment, or someone wanting a strong brick property in a central area that's easy care, or lock and leave.
KEY FEATURES
• Strata fees: $275/quarter
• Council rates: $495/quarter
• Construction: Brick and tin
• Year built: 1978
• Open kitchen / living / dining
• Two large bedrooms
• Extra large single carport, additional parking at rear
• Modernised kitchen
• Recently painted, new flooring
• Enclosed private courtyard
• Very central and convenient location
• Easy home for low maintenance
For more information, please contact Chris Wallace, Elders Real Estate Albany or make an enquiry today.
0437 152 471 /
[email protected]