6 Hollow Street, Golden Square VIC 3555

Now is the time to jump on board and secure your very own affordable, neat and tidy investment before properties this affordable are hard to find! Located a short distance to the main hub of popular Golden Square and its amenities, and a short drive to the city centre, whether you are looking for a fabulous start/addition to your investment portfolio or wanting to occupy yourself, it's hard to pass up this budget buster at a little over land value!

Cosy, comfortable and without the hefty price tag, the property has scope for improvement now or in the future. Don't be mistaken – there is definitely some work to be done here so those not afraid of hard work should apply! In the meantime, it is currently leased to an excellent tenant until January 2019 at a fantastic return of $280 per week. The floor plan consists of three bedrooms (all with ceiling fans), good sized lounge with gas heating and split system heating and cooling, central bathroom, updated kitchen, separate meals area and laundry/bathroom at the rear with shower

Set on a sizeable 717m2 (approx.) allotment, there is scope to develop further down the track (STCA). To one side of the home, there is driveway access through to a single carport and 7x6m (approx.) shed with concrete floor with additional adjacent workshop. At the rear, there is room to entertain outdoors, and a kids play area, whilst a secondary carport lies to the other side of the house.

Offering a solid return of 6.2% p/a, this property is perfect for the savvy investor or a patient occupier at a price point that won't break the bank. Make your move now before prices like this are unheard of!