45 Midland Highway, Stanhope VIC 3623

Perfectly located in close proximity to the Stanhope Primary School and the Fonterra processing plant, this 3 bedroom freestanding weatherboard home is ideally priced at an entry level to the property market or an addition to an investment portfolio. This property is currently returning $220 per week which equates to a rental yield of 8.9 - 9.5%.

Property features:
- 3 Bedrooms
- Renovated bathroom
- Combined renovated kitchen & casual dining with 900mm chefs cooktop
- Air conditioning and gas wall furnace
- Garden shed
- New plumbing, switchboard and electrical outlets

Also available subject to negotiation is a detached, near completed relocatable one bedroom granny flat which may be the newest addition to Airbnb and provide an additional income stream.

She may be old and in need of a face lift, but what old girl isn't? After a lick of paint, new carpet & some TLC, this beauty will be a savvy investment and is priced to sell. If you're a first home buyer, you will also be able to take advantage of the stamp duty concessions which is a saving of $2,822.

Book an inspection online with Ray White agent Shane Thomson to view this ripper of a property. Need to get your finance approval moving along? Let us put you in touch with our dedicated Loan Market broker, who will be able to present a range of finance options to suit your needs and save you the most money.