Property Spotlight – 33 South Station Road, Booval: 3 Bedroom Renovator with High Potential Yield
This distinctive property located at 33 South Station Road, Booval is an investor’s dream. It not only offers a solid structure with 3 bedrooms but also immense potential for development and value addition. Previously rented for $350 per week, this renovator’s delight could yield up to $450 per week post-renovation, making it a lucrative investment opportunity.
Situated in close proximity to Booval Fair, major thoroughfares and the Booval train station, this property enjoys all the conveniences of city living while offering the tranquillity of suburban life. This lot is fully fenced providing security and privacy. With ample outdoor space available, there could be potential further development opportunities that would add significant value to this investment. The interior features are undefined leaving room for customization according to investor’s taste and requirement which may result in high rental returns or impressive resale value.
For the investor this property is currently rented for $350 per week.
End Lease Date: June 2024
Rent Appraisal: $450 per week
Rates: $ / qtr (subject to change)
Water: $ / qtr + consumption (subject to change)