Property ID: 1P2931
1&2/3 Weatherall Street California Gully VIC
$ 345,000
- 2
- 2
- 2
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House
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Sold
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533 sqm
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2
Cash Positive! Investors Buy One House, Get Two Properties! Returning $20,540 per annum
This cash positive property provides an ideal investment opportunity with excellent return ($395 total per week rent, $20,540 per year). The home has been renovated to include two self contained one bedroom units, each with its own bathroom & laundry. The refurbished, fresh & modern front unit offers a new galley kitchen with built in pantry & electric oven with gas cooktop, a gas wall furnace & ceiling fans as well as built in robes & an airconditioner in the bedroom.The rear unit has a combined kitchen/living area with electric stove, a split system, gas wall furnace & built-in robes & ceiling fan in the bedroom. A single carport each (with attached storage) can be found in the generous backyard, while the front unit also has a secure, fully fenced yard of its own. Close to schools, shops & transport & just over 3kms to Bendigo CBD, this property is currently let to long term tenants, making it an excellent opportunity to get into the Bendigo market while immediately receiving a cash positive return on your investment. All new state compliance has been addressed with electrical/gas safety checks & there is no requirement for another 2 years.
Features
- Living Area
- Air Conditioning
- Built-ins
- Ceiling Fans
- Close to Schools
- Close to Shops
- Close to Transport
- Heating