Sold Property

2 & 3/61 St Georges Road, Norlane, VIC 3214

  • 160
  • 2
  • 1
  • 1

$260,000

$22,960 Return Per Annum.

This has got to be the best returning low risk investment property on the market. With 8.8% return and an annual income of $22,960.00 per townhouse your accountant and bank manager will welcome you with open arms. Current rental return of $230.00 per week per unit and a further $11,000 paid in cash or tax credits via a government scheme per property for the next 7 years plus your depreciation you will not find better value. Both homes comprise of a spacious open plan living area on the ground floor, with central kitchen with stainless steel appliances, gas cooking and adequate cupboards and meals area that opens onto a private backyard. A practical laundry and powder room are also located on the ground floor. Upstairs the 2 comfortable bedrooms offer built in robes and split system air conditioning, and central bathroom. Boasting easy access to the North Shore Train Station, just minutes from the Corio Shopping Centre and short commute to Geelong's CBD these properties have all you need and more. Perfect for the astute or first-time investor. Let the rent pay your loan and snap up this low risk, high returning residential investment property

Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist Property ID: #VNG32339

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Sold Date

  • 29 March, 2018

Office

Harcourts North Geelong

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Est. bond $1920
  • 160
  • 2
  • 1
  • 1

Sold Property

2 & 3/61 St Georges Road, Norlane, VIC 3214

$260,000

$22,960 Return Per Annum.

This has got to be the best returning low risk investment property on the market. With 8.8% return and an annual income of $22,960.00 per townhouse your accountant and bank manager will welcome you with open arms. Current rental return of $230.00 per week per unit and a further $11,000 paid in cash or tax credits via a government scheme per property for the next 7 years plus your depreciation you will not find better value. Both homes comprise of a spacious open plan living area on the ground floor, with central kitchen with stainless steel appliances, gas cooking and adequate cupboards and meals area that opens onto a private backyard. A practical laundry and powder room are also located on the ground floor. Upstairs the 2 comfortable bedrooms offer built in robes and split system air conditioning, and central bathroom. Boasting easy access to the North Shore Train Station, just minutes from the Corio Shopping Centre and short commute to Geelong's CBD these properties have all you need and more. Perfect for the astute or first-time investor. Let the rent pay your loan and snap up this low risk, high returning residential investment property

Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist Property ID: #VNG32339

Sold Date

  • 29 March, 2018

Nick De Stefano Harcourts North Geelong

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Harcourts North Geelong

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Need to sell before you Buy?

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