37B Diosma Street, Rangeway
Fantastic Rental Return House - Property ID: 860418
If what you are looking for is rental income producing residential property, look no further than this little gem. Comprising of 3 bedrooms this unit is a cut above the rest in size.
There is a good tenant in place and the current rent is set at $175.00 per week or $9100.00 Per Annum until 30/03/2017. This works out to be a gross rental return of 11.4% on asking price.
Situated just 5 minutes drive to the Geraldton CBD, Marina, beaches and a few minutes walk to the neighbourhood facilities this property will make a worthwhile investment as it generates a good rental income and capitalises on Geraldton's future growth for capital gains.
The unit next door is also for sale at the same price so later on you could live in one and rent the other one out to help pay it off.
As there are tenants in place no home opens will be held at this property but an inspection can be arranged by appointment by calling John Mandosio on 0417 959 004 at any time.