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Investment Return Above 7%

Investment Return Above 7%

Property ID: 757531

CLAREMONT 7 Teal Street

Listing Rooms3
Listing Bathrooms1
Listing Parking2

Sold

Property Size: 98 sqm Land Size: 625 sqm

7 Teal Street is set to be one of the best properties you can acquire either for the fantastic rental returns it receives or first home opportunity close to all services. The inside has been tastefully updated with the character in tact with the exquisite polished floor boards. Built ins are in two of the three bedrooms and there is a spacious bathroom, interior laundry and multiple entertaining areas front and back. The exterior of the home has room to be updated with a new colour scheme but all the hard work has been done with new aluminium windows.

With this property being so close to services and being updated it will be sought after by tenants if wanting to purchase an investment, current rental estimate is $450 per week. With the weekly rental return you will see a return above 7%.

This home is close to all services and within walking distance of Primary School and Claremont Village shopping centre. Other attractions for this area are Claremont Golf Club, Tennis courts, Cricket Ground and the World Famous Cadbury's Chocolate factory, with all of this 7 Teal st will become a sought after property for years to come.

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Suburb Profile

Median House Price

441000

Suburb Growth

15%
Peak Sale Month - March
Peak Sales - 14