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8.95% Return on Investment!!!
You just don't get those returns from the banks or the growth potential. This is a sound investment property with excellent returns of 8.95% with a long term elderly tenant who has leased the property since 2009. Currently paying $155-00 per week rent with the lease expiring 22 January 2016, but would sign a further lease terms. The property has 2 bedrooms, generous lounge room with gas heating, kitchen/dining with ample storage, bathroom with seperate toilet. Large 600m2 yard and single lock up garage.
