Good news. I have personally sourced a new opportunity for you direct from the owners. No selling agents involved or selling agent commissions!
An interesting point about this property. Bank valuers have earmarked the property as $20,000 undermarket — It should be $485,000 according to the major lenders.
In reality, and according to the market, it’s more likely to be valued at $30,000 under-market.
With a 5.6% yield, and a sub 2km drive to the Beach, it’s a rare opportunity indeed.
- Address: South of Perth
- Vacant possession: NO – existing tenant in place who has another 11 months to run on a lease
- Rental: $500 Per Week
- Rental Yield: 6%
- Price: $465,000
- Type: 4 Bedroom / 2 Bathroom / 2 Car Park
- Land Area: 407 SQM
- Built: 2014 approx