DescriptionFANTASTIC ENTRY LEVEL INVESTMENT
A great entry level investment, or an simple addition to any portfolio – 14 Banksia Road, Wendouree is well positioned to take advantage of nearby upgraded infrastructure.
A stone's throw to the redeveloped Stockland Wendouree, Wendouree Train station for an effortless commute to Melbourne, and the convenience of the Ballarat West Employment Zone and the Ballarat Link Road, which in future will provide easy access through to Geelong.
This simple home provides three good sized bedrooms, a neat upgraded kitchen and bathroom, a spacious lounge with new electric panel heating and a single carport. Positioned on a corner block of 427sqm (approx.) the home is relatively low maintenance for any prospective tenants.
Currently rented until May 2019 at $205 per week, there is further room for growth with a current market rental appraisal of $220 per week – potentially a rental yield of 5.5% and with no body corporate fees like many other properties in this price bracket!
Call Chris Gladman on 0424 179 188 to secure your immediate inspection.