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1012 SQM BLOCK CLOSE TO CBD Great ROI Investment or 1st Home $365k FIRM
McCutcheon
· 3 Bedrooms · 1 Bath · House
McCutcheon · 3 Bedrooms · 1 Bath · House
Charming Timber Home with Town Convenience & Rural Views 1012 SQM BLOCK CLOSE TO CBD GREAT ROI Invest or 1st Home $365k FIRM A Ready-Made High-Yield Investment This classic timber home offers the best of both worlds the convenience of town living combined with peaceful rural outlooks. Set on a generous 1,012 sqm, this property presents an outstanding opportunity for investors seeking strong returns or first-home buyers looking for space, comfort, and long-term value. Currently tenanted and income-producing, this is a true set-and-forget investment, with flexibility for future owner occupation. Investment Snapshot Currently rented at $450 per week Annual rental income of $23,400 Approx. 6.5% gross yield (based on an approximate $370,000 purchase price) Tenant in place income from day one-Tenancy expires 24/03/26 Strong local rental demand Low-maintenance holding Council rates approximately $3,800 per year Property Highlights Generous Land Size 1,0012 sqm of usable land, ideal for adding
Charming Timber Home with Town Convenience & Rural Views 1012 SQM BLOCK CLOSE TO CBD GREAT ROI Invest or 1st Home $365k FIRM A Ready-Made High-Yield Investment This classic timber home offers the best of both worlds the convenience of town living combined with peaceful rural outlooks. Set on a generous 1,012 sqm, this property presents an outstanding opportunity for investors seeking strong returns or first-home buyers looking for space, comfort, and long-term value. Currently tenanted and income-producing, this is a true set-and-forget investment, with flexibility for future owner occupation. Investment Snapshot Currently rented at $450 per week Annual rental income of $23,400 Approx. 6.5% gross yield (based on an approximate $370,000 purchase price) Tenant in place income from day one-Tenancy expires 24/03/26 Strong local rental demand Low-maintenance holding Council rates approximately $3,800 per year Property Highlights Generous Land Size 1,0012 sqm of usable land, ideal for adding
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