5/12 Manly Street, Werribee VIC 3030

Located in the heart of Werribee with public transport at your doorstep, featuring updated kitchen, timber style flooring, large master bedroom with BIR, oversized second bedroom, full laundry and separate bathroom. The rear of the property has a low maintenance courtyard plus covered outdoor space under roofline, a dedicated car space off street is also available for those rare times when you don't want to walk to everything.

An investors take:-
5/12 Manly Street Werribee is an ideal property to consider for select investors. Positioned within Wyndham's Activity Zone, it is ideally suited to an investor who has a medium to long term view with the potential to buy other units within the group of 6 at a future date, increasing land holdings and development potential.

It is currently returning $265 per week with scope to increase. The tenant has been in place for around 4 years and has indicated his wish to stay. Currently the lease is month to month however the current tenant would consider entering a lease agreement with the new owners.

Located only a short walk to the train station (90m) and Werribee CBD (110m) it will likely always attract Tenants like single parent, young couple, elderly downsizer or even first time renters…….potentially allowing you a much larger pool of application to pick and choose your prospective Tenants should the current Tenant move out. With the Cherry Street Railway Crossing removal now underway, inner Werribee is slated to become much more cosmopolitan with shopping, cafes, restaurants and parks to be much more community focused.

There is a small body corporate to cover the public liability of the common area however outgoings are minimal compared with other property investments. All this makes for an excellent invest to consider.

Always seek independent financial and legal advice prior to making any decisions in relation to this property. All information is provided without warranty and the Section 32 Vendor Statement will always supersede any information stated here. Please call me for more information. All inquiries must contain a contact phone number.

Features:

- 2 Bedrooms
- 1 Bathroom
- 1 Car Space
- Updated kitchen
- Zone: ACZ1 - Activity Centre Zone
- Werribee High School Zone
- Periodical Lease at $265 per week.