7% Gross Return - Great Investment or First Home

Set on a generous 865m² (more or less) section, this well-presented three-bedroom weatherboard home presents an excellent opportunity for investors, or first home buyers, seeking strong returns and long-term potential. Accompanied by a current rental appraisal of $500 per week, it offers a gross rental yield of over 7.0% at the asking price of $369,000.

Recently refreshed with a new kitchen, new carpet, and a fresh interior paint job, the home is ready with little to no work required. The light-filled open-plan living area is complemented by ample storage, quality appliances, and a heat pump for year-round comfort. Three bedrooms, a renovated bathroom, and a separate laundry further enhance the property's broad appeal.

Outside, the expansive 865m² (more or less) section provides plenty of off-street parking, a large lawn, and a versatile outdoor room ideal for additional storage, a hobby space, home office, or hobby room. The generous landholding also adds long-term value, with scope to explore future development potential, subject to the necessary council approvals.

Whether you're looking for an investment with an attractive 7.0% gross yield, or you're a first home buyer looking for a property that is well maintained and move-in ready, this is an opportunity well worth considering.