5 Palm Trees Drive, Boambee East NSW 2452

Ideal for first home buyers looking for a home with character, or an astute investor looking for strong returns, all within a short drive to Coffs Harbour and Sawtell Beach. Representing great value for money this home is situated in a quiet cul-de-sac position in the sought after Lamberts Park Estate. Offering three bedrooms this would make a perfect first home and is very suitable for a growing family. The building is rock solid being concrete block inside and out. There is one bathroom plus a second toilet in the laundry which could easily be converted into the 2nd bathroom. All rooms are generous and the kitchen, dining and lounge rooms are open plan. There is a large study or rumpus area off the dining room and an oversize single lockup garage with internal access. Detached from the main home is a 5.8 x 3.3 metre studio, teenagers retreat, or perfect man-cave. The fully fenced pet friendly yard is complete with a garden shed and landscaped to ensure low maintenance. The home & yard is almost completely level, making it wheelchair friendly or suitable for those who find stairs difficult. This home has a lot of possibilities and could be renovated with minimal expense. Currently tenanted at $400 per week until April 2017, with market rental expectations of $420 to $430 per week thereafter. Simply great buying in this price range.

Low maintenance home with approx 5% return
3 spacious bedrooms & 2nd toilet in Laundry
Gas stove & air-conditioner
5.8 x 3.3 metre separate studio
Fully fenced & landscaped yard with garden shed
Rates: $2742 PA, Land size: 736m2