INVESTORS TAKE NOTE - 6% GROSS YIELD

What an opportunity we have here, any investors need to sit up and take a look at this one. This expansive villa prior to coming on the market was returning a whopping $76,000 p/a - now with new carpet and paint throughout it is ready to go!

Set on a north facing, sun drenched site of 436sqm there's so much potential and promise on offer here. The home itself is a massive 220m2 and the 7, yes seven, bedrooms in the home are all well sized doubles. Two are located on the upper level with large living area and separate kitchen and dining. Downstairs we have five further rooms and the large bathroom, laundry and a separate toilet.

The kitchen and dining open out to the north facing garden and there is the bonus of a studio for you to use however you see fit. The site is one of the more generous available in Kingsland and you are set on the North side of the street on the quiet cul-de-sac end of First Ave.

Hold and keep watching the rental returns and capital gains or renovate and restore this huge home to its former glory - whichever path you choose you'll certainly reap the rewards in this sought-after city fringe spot.