This property is in the center of the regional CBD within 200 Kms of Sydney. It has a land size of 600 sqm which has the potential to build a granny flat which can increase the value and cashflow of the property.
With the purchase price of $352,000 and $350 rent per week, this property clearly shows the potential of manufactured equity and positive cashflow.
This is our client’s second investment purchase in the last four months.