Do the Maths, over 6% return. POSITIVELY GEARED

Cracking property that would be ideal for both investors or down sizers.
Situated in a lovely quiet pocket of Armadale, this duplex half is sitting on a whopping 631sqm corner block, which can get R30 zoning (stca), and could possibly be a retain and build option for someone wanting to go down the development track. With a fantastic long term tenant in place at $270p/wk until January 2017 and wanting to stay on means the rent return will be able to cover the mortgage repayments, rates and insurance. However it can be sold with vacant possession if someone wants to move straight in.
With side access to a large rear yard that is gated, means that boat, caravan or trailer can be safely stored away down the side of the property.
Outside is a large patio area, 2 storage sheds and a big garden shed for the handy man.

Property ID: 851160