"Attention Investors: Guaranteed Rent Return + Annual Increases"

Description

This 5 year old 2 bedroom, 2 bathroom villa makes an ideal investment property thanks to the guaranteed rental income from a secure government tenant until June 2015. Currently returning $375 per week with scheduled rent increases programed into the lease, the rent rises to $385 per week in June 2013, then increases to $395 per week in June 2014.

Presented in beautiful as new condition throughout there are a host of features and inclusions such as a gas equipped kitchen with Granite benches, tiled flooring throughout the living areas, built in wardrobes to both bedrooms, an ensuite to the master bedroom, high ceilings, split system air conditioning in the lounge room, and gas hot water.

Positioned peacefully at the rear of a small group of only 6 villas, located within a level 1.4 KM walk to Toongabbie train station, and being within the Girraween Public school zone makes it a very attractive investment option, or even for the owner occupier who would have the option of moving into the property upon the lease expiry in June 2015.

Affordably priced, this safe and secure investment opportunity is sure to sell quickly, don't hesitate to inspect - see you at the open house!

Strata Levies: $280 per quarter
Council Rates: $242 per quarter
Water Rates: $185 per quarter
Villa Size: 126m2

FOR MORE INFORMATION CONTACT NICK BARDON 0409 900 237

Toongabbie

5/119 Toongabbie Road
$ 368,000
  • 2
  • 1
  • 1

overview

  • 1P0535
  • $ 368,000
  • Villa
  • Sold
  • 5/119 Toongabbie Road Toongabbie NSW
  • 2
  • 1
  • 1
  • 1
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