If you are starting out in the market place and don't mind a bit of hard work initially, this beach cottage is for you!! It is in a great corner block position and only 800 metres to the beach. There are 2 bedrooms and a refurbished bathroom and good sized living room. The yard has endless possibilities to make room for extensions to the home and has a garden shed and carport off the side which could give side access into the yard.
Could acheive $420pw approx in its current condition in this market. If renovations are done as needed the property could acheive $480-$500pw approx. Current tenant in place until September 2022 paying $380pw.
Rates $2,869pa approx.