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Affordable Starter or Investment Opportunity!

Affordable Starter or Investment Opportunity!

Property ID: 668761

CHIGWELL 1 Carcoola Street

Listing Rooms3
Listing Bathrooms1
Listing Parking6

Sold

Property Size: 86 sqm Land Size: 954 sqm

Situated on an impressive 954m2 (approx.) allotment is this 3 bedroom home ripe for renovation. Add your own touches and reap the rewards.

The long term tenants have been in place for 7+ years, although the current lease has expired. They are keen to stay on and currently pay $340pw, making this a very attractive investment to add to your portfolio with a return of approx. 6.43% gross!

The property does have some development restrictions, however this could be rectified with the relocation of some underground infrastructure.

Contact me for more information today, the opportunity for a great income return now with potential increase value later should not be missed!

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Open for inspection times

Suburb Profile

Median House Price

380000

Suburb Growth

9%
Peak Sale Month - April
Peak Sales - 4