You very rarely hear of yields exceeding 9% in a residential property in a CBD. Well, now you have. This property is located just 2km from Launceston city centre.
Strategy: Buy & Hold with renovation potential as well as high yield cash flow.
-$237,000 purchase price.
-$440 per week rent or 9.6% yield.
-Close to CBD, set on two titles.
- Country: United States
- Property ID 939