This 3 bedroom home in Grovedale is ideal for investors returning $310 per week to tenants who have been here for 4 years and are very keen to stay on. There is opportunity for 6% return with a few basic renovations. First home buyers would also do well here with good capital growth to be gained with some low cost renovating to be done to a property that provides and excellent base.
The location is ideal as well. It is just a few minutes walk from Waurn Ponds shopping centre, Leisure Link and Waurn Ponds Library, and public transport. Deakin Uni is just down the road as well.
Vendors are asking $290,000 – $310,000. To find out more click here or phone Scott Hunt 0431 474 721.