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Morwell
Latrobe City
Investment Opportunity
Classic 70's- 3 bedroom brick veneer home with lovely elevated outlooks from the back patio.
Recent improvements include - a full internal repaint, as new flooring and window coverings in the three bedrooms. Gas central heating, hot water service and cooking. Large living with hardwood flooring and sliding door access to back patio. Combined kitchen/dining. Separate entry. Single bathroom and separate toilet complete the floor plan. The laundry is located in the garage and easily accesses the secure back yard.
Well located to public transport, primary school and fitness centre. 10 minutes walk to the train station. Currently tenanted at $270 per week with lease until May 2021. This provides an appox gross rental return of 5.6% - Much better than the current returns being offered from the banks . Move to make your money work harder for you - Invest in bricks and mortar - Its a proven safe return for your money.