Redan 20 Prest Street
Entry Level Real-Estate
I'm sure you realise and understand your first property investment is the most important decision you could make. If that decision is the right one, it could be the stepping stone to building a significant property portfolio.
An original Ministry of Housing property, this home sits similar to its original build, with immediate scope to renovate, extend or remove (STCA).
Adjacent to the ever popular Yarrowee Creek' walking trail and only minutes from shops, schools and public transport, this property offers ideal proximity elements.
Sitting on approx 408m2 allotment on a slight slope, this home is bordered by a colourbond fence with views across the township, and offers first home buyers and investors the ideal canvas for future earning.
Offering a: new stove, heating, manageable bathroom and kitchen and a decent size living zone, this comfortable little gem, is a great entry level' home with a rental return of approximately $200pw.
The real attraction is the price. Where do you buy a property at this level so close to so much?
Be sure to call our agent today to arrange an inspection.
Get to know Redan
Redan is a residential suburb immediately south of central Ballarat. One of Redan's earliest public facilities was the Miners' Racecourse (1862), now the site of Bray Raceway in Morshead Park.