$ 535,000.00
236 Lowry Street North Albury NSW 2640
$535,000
It is rare in the current market to find a property with a rental return of more than 5% but here is the needle in the haystack!
With a three-bedroom one-bathroom home at the front of the block and a two-bedroom, one-bathroom home at the rear, this property is the perfect investment. With the house currently rented at $300 per week and the rear home at $280 per week, the combined $580 per week rent calculates to an unheard-of rental return of 5.6%!
Set on a 715m2 block, the front home has three bedrooms, all with overhead ceiling fans and the main including built-in robes. The lounge and dining area have a split system installed for year-round comfort.
The kitchen features a gas oven and great storage.
The two-bedroom, one-bathroom home has its own separate car space and private yard out the back. Fitted with a reverse cycle air conditioner, stainless steel oven and washing machine, the property is fully self-contained and a great addition to the block.
Located close to local amenities, schools and shops, the home is in a great position. The property is situated on a quiet street, across the road from St Anne's Primary School making it an attractive option for those with school-aged children.
This property is sure to impress savvy buyers looking for an excellent investment opportunity. With secure tenants in both properties until late in the year, it's the perfect set-and-forget investment. This kind of rental return opportunity does not come up often so make your move!
