Investors Gold Mine - Potential 9%+ R.O.I
Sold $320,000
Scone - 1 & 2/19 Bingle Street
2 x 2 bedroom flats promising enticing rental yields and loads of opportunity to add significant value:
Each unit consists of open living area, recently updated kitchen and two good sized bedrooms (master with BIR) All-in-one bathrooms require some TLC but have good proportions Undercover rear patios open to very large rear yards, unit 1 has a lawn locker Attached carports with access to backyards Unit 2 currently leased for $220/week with rental increase in place to $235 from September With some minor improvements there is potential for a combined weekly return of $510/week
A fantastic, entry-level investment opportunity that would be a high-performer in your portfolio!
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Property Features
- Air Conditioning
- Built In Wardrobes
- Carports 2
- Courtyard
- Toilets 2
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Property Information
- Land area approx 1090.00sqm
- Floor area approx 141sqm
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Get to know Scone
Scone (which rhymes with ‘bone’) is a pleasant rural centre of wide, tree-lined streets situated within the Hunter Valley, 283 km north of Sydney and 26 km north of Muswellbrook. It is 202 metres above sea-level and has a population of about 4000.