13 Whitbread Street

Taree NSW 2430

Number 13 Whitbread Street is the ideal property for an investor looking to capitalise on a high yield but low risk investment. This property has a combined rental income of $565 per week across four tenancies. On offer is a three bedroom home which was almost completely rebuilt four years ago from the ground up with new wiring, plumbing, walls, roof, floor coverings, bathroom and kitchen all being replaced. There is a fixed residential lease in place until July 2021 with a rental income of $370 per week plus three storage sheds 10 x 3 metres each that are currently rented at $65 per week. A current yearly income of $29,380 makes this property a nice little earner with low maintenance plus good depreciation available.Step inside to a comfortable newly air conditioned lounge room and continue through to a spacious kitchen and dining area with gas cook top, electric wall oven, dishwasher and ample bench and cupboard space. Two of the three bedrooms feature built in robes while the home is serviced by a central main bathroom with separate shower and a lovely deep free standing bath. The master bedroom is a great size and has air conditioning and ceiling fan. There is an internal laundry with handy second toilet and a third bedroom which is positioned at the rear of the home and overlooks the large fully fenced back yard. There are under cover front and rear decks and a carport for your vehicle. The three storage sheds are accessed from a front driveway and are separated from the house by a Colourbond fence. Perched on a large and level 1,189m2 block there is plenty of room to extend the home if desired in the future, or potentially add several more storage sheds to increase the returns (STCA).This property is positioned perfectly as its within walking distance to all Taree has to offer with two shopping centres, cafes, restaurants, bars, medical and dental facilities and a Multi Million dollar expanded public hospital. You can also walk to the train station and the local school. Its not often an opportunity like this becomes available for purchase in Taree so close to the CBD. It is arguably one of the best investment options on the market today. So what are you waiting for, phone Daniel Garton on 0428 337 171 today!