460 Kemp Street LAVINGTON, NSW 2641

Centrally located, within easy walking distance to shopping centre, schools etc, these 3 solid brick 2 bedroom townhouses are currently tenanted until 2012 at $140pw each (returning $21,840pa around 6%). Each unit has good heating and cooling, some have new hot water service and carpets. The bathroom opens to the master bedroom and serves as an ensuite. Both bedrooms have built in robes and the small backyard has a storage shed. There is potential for good capital growth; a minor refurbishment in the future would increase the overall value and the rental return. The property has one title, with a self-managed Strata.
The total asking price for the 3 units is $320,000, making each 2 bedroom unit only $106,666 - a very affordable investment!