20 Trood Street, Sale
BETTER THAN MONEY IN THE BANK!!!
With the current low interest rate regime, having money in the bank earning less than 2% pa is not the best option for those who rely on income from their investments.
This duplex is situated on a 565 sqm block of land and comprises two, two bedroom flats of which both have an excellent rental history and are currently rented and returning $345.00 per week, which will give you a return in excess of 7% pa with minimal risk.
Both tenants are happy and have no plans on vacating in the near future.
This is an affordable property that will be cash flow positive and has the potential for further improvement.