24 PADBURY ROAD, Bridgetown WA 6255

CONSIDER THE FIGURES -
Mortgage of $250,000 @ 5.90% = $14,892/year (interest only)
Rent @ $310/week = $16,120/year.

This renovated property has been providing great returns for the owner for 10 years! The last tenant was paying $310/week!
Set on over 1,200sqm of land, the main home features three good size bedrooms, separate living area and open plan meals and kitchen. The bathroom includes a separate bath (great for the kids!).
The kitchen is well finished with ample cupboards you also have the benefit of a large walk-in pantry.

Out the back you will find a large undercover entertaining area and a two bedroom, one bathroom accommodation unit that is totally separate from the main house. The two bedrooms present very well and have new carpets. The bathroom is original but in excellent condition. This extra area is a great bonus for tenants - bedrooms? studio? games room?

The next stage of the Deep Sewer has commenced and once completed the property will have subdivision potential.

For the investor this ticks all the boxes - extremely low maintenance, great rental history, renovations have been completed and future subdivision potential!

Call Kendall to view this great property!