Would you buy this?

Would you buy this ?

2br unit in Liverpool.

http://www.realestate.com.au/property-unit-nsw-liverpool-109489161

$209K asking price. Rent $260p/w. I think with a 10K-15K reno the rent can be increased to $320+ p/w.

I think it looks like a good deal.

I am building my buffer at the moment, so not ready to buy again at the moment. But i think itś a good investment.

any thoughts whether this would make a good or a poor investment?

Thanks.
 
I would be worried about the giant crack and what looks like moisture coming in the lounge room ceiling/cornice
 
Doesn't seem unreasonable, but did you find out where it is exactly? Says address available on request.

Address is Beale St. Itś around 20 mins walk to the train station and Westfield Shopping. Itś not exactly central, but still within reasonable walking distance to train and shops.

I think that´s why the price is lower than normal.
 
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