I don't know if anyone is interested this time of year in buying but I thought I'd give forumites the opportunity of this link for 2 houses I have for sale at http://murgonrealestate.com.au Just click on homes for sale and my two are I40 and I45.
Both houses are good rentals and I am in two minds about selling, but I have done all the figures and I'd like to use the proceeds to pay down some debt and diversify a little into some shares.
Extra info which the website doesn't have is the $90k house, I40, is on 1839 sqm and is subdividable into two blocks, (I spoke to the council town planner), but the house needs moving to one side. The ULV for all of you worried about land tax is $4,700. The council rates pa including water have been $1,079. The exterior could do with a good paint, but inside is good. Maintenance is up to date and the past 6mths has only totalled $275.
On the $75k house, I45, is on 1012 sqm which, at present, the council will not allow you to subdivide any smaller, ie hatchet block. ULV is $3,200 and council rates pa are $1,009. The carport is only a yr old and was erected with council approval by a qualified builder. Maintenance is reasonably up to date and for the past 6 mths has been nil, except for a new smoke alarm installed.
As you may notice by the prices, I have lowered them to meet the investor market, as I feel I can gear up still further into the share market myself, and have left some capital gains for the next owner. Both currently have a yield of 7.2% each and rents would most likely be increased sometime in this new year by an extra $5 to $10 pw, each.
If you contact the agent in charge selling the IP's, she may have extra photos available to email to you. Cheers Brenda.
Both houses are good rentals and I am in two minds about selling, but I have done all the figures and I'd like to use the proceeds to pay down some debt and diversify a little into some shares.
Extra info which the website doesn't have is the $90k house, I40, is on 1839 sqm and is subdividable into two blocks, (I spoke to the council town planner), but the house needs moving to one side. The ULV for all of you worried about land tax is $4,700. The council rates pa including water have been $1,079. The exterior could do with a good paint, but inside is good. Maintenance is up to date and the past 6mths has only totalled $275.
On the $75k house, I45, is on 1012 sqm which, at present, the council will not allow you to subdivide any smaller, ie hatchet block. ULV is $3,200 and council rates pa are $1,009. The carport is only a yr old and was erected with council approval by a qualified builder. Maintenance is reasonably up to date and for the past 6 mths has been nil, except for a new smoke alarm installed.
As you may notice by the prices, I have lowered them to meet the investor market, as I feel I can gear up still further into the share market myself, and have left some capital gains for the next owner. Both currently have a yield of 7.2% each and rents would most likely be increased sometime in this new year by an extra $5 to $10 pw, each.
If you contact the agent in charge selling the IP's, she may have extra photos available to email to you. Cheers Brenda.
