Fixer-Upper with Rental Income
$495,000 - $540,000
3 1 1
Located in the bustling suburb of Wyndham Vale, this home is perfect for someone looking to invest in a renovation project while benefiting from a steady rental income. Positioned close to excellent schools, parks, shopping centers, and public transport, convenience is at your doorstep.
This property currently generates $1,912.00 per month in rent, with tenants on a lease until 27th May 2025, offering an immediate return on your investment.
The house welcomes you with a spacious living area, providing plenty of room for family activities. The adjacent dining space connects seamlessly to the kitchen and opens to a decked outdoor area, ideal for enjoying meals outside while the kids play.
Featuring three bedrooms, including a master with a built-in robe, the home also includes a central bathroom that services the property. The enclosed carport adds extra security for your vehicle, and the additional bungalow is perfect for use as a workshop or hobby space.
It's a fantastic opportunity for those seeking a fixer-upper on a generous 612m² block. Whether you're looking for a hands-on project or a dual-purpose investment, this property has the potential to shine!
- Key Features
- Floorboards
- Hot Water Gas
- Workshop
- Secure Parking
- Heating Gas
