“CHEAP HOME OR WORTHWHILE INVESTMENT”
Situated at Lowmead, this renovated workers cottage oozes old world charm and an interesting ownership history. Comfortable and affordable it offers an ideal retirement retreat or investment opportunity. With a good size main bedroom, front sunroom, 2nd bedroom/office, lounge room, renovated kitchen with attached dining area, bathroom with modern shower cubicle and vanity, and laundry on the back deck. It has ample tank water, hard wired smoke alarms, electric HWS, & septic system. Located just 2 minutes walk from the local post office and pub it is a great little get-away. As an investment it has served the current owner very well with one long term tenant and steady rental income for 10 years. As a proven stable investment it should return apx 9% gross pa.
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