95 Rodrigo Rd, Melrose

BEO $625,000

Renovated Home and Income

This 3 bedroom home, with a large 2 bedroom renovated flat downstairs, will suit both owner-occupiers and investors looking for a positive cash flow investment property.
The renovated bottom flat is getting $375p/w with a fixed term lease till Feb 2014 with $1500 bond.
The vacant 3 double bedroom house has been appraised at $500p/w giving a total rental return of $875p/w.
Owner occupiers: Live in a stylish house with amazing sea views and have the downstairs income pay the interest on a $370,000 loan

* Brand new paint outside
* New roof
* 2 heat pumps upstairs and downstairs
* 2 decks
* Lots of 1940's character features
* Re-wired
* Chattels list:
-Upstairs-fridge freezer,washing machine, dryer, heat pump, and dishwasher
-Downstairs -Fridge freezer, washing machine, dryer, heat pump
* Only 200m walk to bus stop

* Open Home Sun 11.30 to 12pm

or Ph Scott 0272466345 or 9727272 to view.