Description

Invest in this easy to rent out two bedroom unit.

Securely leased until 20/2/2024 for $285 per week.

This means if you are wanting to live in the property yourself you would need to wait until the end of the lease i.e. 20/2/2024 to get vacant possession.

Investors can just take over the current lease as a Landlord.

(There is very good potential to substantially increase the rent at expiration of current lease. Check other current asking rents in the area).

This well located upstairs unit is conveniently located near train, bus stops, and walking distance to Woolworths and Big W shopping.

Other features include:-

• Reverse cycle split system air conditioning

• Laminate timber floors

• Instant gas hot water and gas cooking.

• Built-in robes in both bedrooms.

• Good size lounge with balcony views to leafy Mathias Avenue.

• Safe under cover parking at rear of this 8 unit group.

Phone Kym Welford 0427 929 599 for an inspection appointment

Realistically Priced. For Sale by Negotiation $330,000 to $360,000

Outgoings

Mitcham Council Rates $1,190 per year

Strata Admin Levy $1,214 per year, Strata Sinking Fund $315 per year

Water/Sewer Rates $586 per year