This is a great opportunity to purchase two residences on the one title close the Echuca hospital and sporting facilities.
With both properties recently renovated this is ideal for the home buyer wanting some extra income from an investment property or the investor looking for a great return.
All the hard work has been completed on this home with a new rendered finish and painted in neutral tones throughout, the property consist of three large bedrooms , new kitchen and bathroom plus all new floor covering throughout the home, the house also provides excellent heating and cooling with gas heating and refrigerated air-conditioning.
A secure rear yard ideal play area for children the home offers excellent car accommodation with a two car carport plus a car parking area at the front of the home.
Situated next to the house with street frontage is a one bedroom fully self contained apartment which is fully fenced giving both properties privacy it provides its own single car garage and it has been fully renovated throughout with full size kitchen, meals and separate living area plus a large bedroom.
These properties offer many opportunities for the investor whether for holiday letting or long term rental with the one bedroom currently securely leased at $210 per week and the three bedroom home currently leased at $340 per week with a total rental income for both properties grossing $550 per week with a gross rental return of 7.17% at the $399,000 asking price. Better than money in the bank.