$430,000

6 Bed  •  2 Bath  •  0 Car

Main view of Homely house listing, 17 King Street, Maffra VIC 3860
Floorplan of Homely house listing, 17 King Street, Maffra VIC 3860
Second view of Homely house listing, 17 King Street, Maffra VIC 3860
+17

Sold

17 King Street, Maffra VIC 3860

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$430,000

  • 6
  • 2
  • 0

House Sold on Mon 18 Jan, 2021

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House description

“LIVE IN ONE COLLECT THE RENT FROM THE OTHER”

This is the perfect property to turn your family home into an excellent investment property or simply buy for straight out investment purposes.

Comprising two residences, the first is a four bedroom home and the second a two bedroom house/unit.

As both are currently rented to good tenants with a combined income of $545.00 per week this property also represents a brilliant investment showing a return in excess of 6%pa with minimal long term risk. Compare that to the pathetic returns banks are offering at the moment.

Both homes have been substantially renovated throughout and are in very good condition so maintenance costs are minimal and the property is conveniently situated in the heart of Maffra close to most of the town's attractions and services.

A truly unique property that will suit the astute buyer looking for great value for money.

Property features

builtInRobes

Built-in Robes

fullyFenced

Fully Fenced

Other features

0

Documents

Statement of Information: View

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17 King Street, Maffra VIC 3860
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