Calling all first home buyers, investors and downsizers ... for the price of a section in Richmond you can invest in this concrete block, 1970s 2 bedroom unit. With a rental appraisal of $480 a week, at 7% interest, with a 20% deposit you would be close to covering the mortgage repayments. There is also opporunity to add further value.
Located on a rear site, close to schools, daycares and the Mall, this home has a lovely quiet private feel, with established trees and birdlife.
Built in 1972, the 74sqm unit has a modernised bathroom and kitchen. The kitchen has plenty of storage, a single F&P dishdrawer and a breakfast bar.
The lounge has large windows which allows the sun to stream in and access a private, easy care courtyard.
There is large carport which is enclosed on two sides which could be converted into a garage.
Upstairs are two good sized bedrooms, both with double wardrobes and one with a built-in study desk.
A great opportunity for a young couple starting out or someone looking to downsize. The previous owner lived in the property until her 70s and enjoyed the privacy of the rear site, and the security of being a unit in a block with other homeowners, and only a short walk to the Mall.
Don't miss out on this entry level property in the heart of Richmond. Call Dwayne or Emma to view.