Home and Income with Potential

Start with a 1960s bungalow with great bones in need of a makeover, add in a 70sqm minor dwelling, both sitting on a 733sqm freehold site in a lovely quiet cul-de-sac; you have a great opportunity in front of you. Live in and renovate the bungalow while you collect the rent from the cottage, the minor dwelling has a rent appraisal of over $400 per week and that covers a lot of mortgage. First home buyers should talk to a broker about getting a wee bit more money and achieving their first home and first rental property in one clever move. Clearly this property will be of interest to property investors with a return of over $800 per week possible. Vendors are committed to sell and this is definitely one opportunity you won't want to miss.