Whip out your calculators investors, this is an opportunity not to be missed..
5 Coolamon Street is a cash-flow positive with potential to improve and add value, ticking off on the 2 boxes required to make most savvy investors excited!
With a large living room at entry, the home will instantly exceed your expectations. 3 good-sized bedrooms with built-in cupboards are just down the hall where you’ll also find a well-maintained bathroom which doesn’t require any money spent in the short term. A large Kitchen with plenty of bench and cupboard space is at the centre of the home, while a second smaller – yet functional – living area is another great option and can be found towards the rear of the home along with an internal laundry complete with 2nd toilet and shower.
Outside – and a lockable carport provides drive-through access to a 651m2 backyard with garden shed.
Potential Rent for this property is $245 per week which makes it an exciting 8.8% return even at full price.
Other features include Evaporative cooling and a back verandah which is a great place to unwind!
For more details, contact Luke or James today!