Unit 5/38 Yarrowee Street, Sebastopol is a great entry level opportunity for anyone trying to get a foot in the marketplace.
This neat little 2 bedroom brick veneer with single car accommodation is a delight for investors and first home buyers alike.
Currently leased at $250pw til March 2020 this is a purchase and park investment offering a great return of 5.65% on purchase price.
Securely tucked into a nest of 7 units the location of this gem is the key.
Easy walking distance to multiple supermarkets, schools & medical facilities, with public transport on your doorstep.
Sebastopol has seen great capital growth on units of 8.83% over the past 12 months.
If you are looking to occupy the tenants are open to renegotiating the lease.
The unit is serviced with gas heating, gas hotplates & electric oven and is in very good condition for its age.
The property will be best appreciated by personal inspection.
Inspection of this property is available strictly by arrangement only.