Property Description
APPROX 7% RETURNS...
Unbelievable investment opportunity showing approximately 7% returns. Handily positioned close to the thriving Woy Woy CBD, sees this three bedroom brick and tile home plus a one bedroom, self-contained sleep-out. The property is set on a large, approx. 797 m2 block in walking distance to all services and facilities in the hub of Woy Woy.
Both the house and the sleep-out are on rolling leases to good tenants, making it a potential 'set and forget' investment with dual income returns. The current, combined income yields are $790 per week, making this property appealing to any conscientious buyer.
The property is well positioned, and close to facilities and services such as:
* Walking distance to Woy Woy Railway Station
* Approx. 2 Minutes drive to Boat Ramp/Launch
* Approx.
3 Minutes drive to Woy Woy Railway Station & Deep Water Plaza Shopping Centre
* Approx.
4 Minutes drive to Woy Woy Ferry Terminal
* Approx.
6 Minutes drive to Peninsula Leisure Centre
* Approx.12 Minutes drive to the M1 Motorway- Kariong Interchange to Sydney & Newcastle
RENTAL YIELDS
* House: $450 per week
* Sleep-out: $340 per week
* Block size: 797 m2
Read less
