If you have been watching the local property market, then you already know prices are on the rise. Savvy investors are looking properties where they can add significant value & see immediate capital gains.They are also aware the current lack of rental properties has also reduced your risk of vacancy.81 Kookora Street stands out as an attractive investment. Ideally located on the cusp of the CBD the property allows for future development and offers a very rare rear laneway.So close to Banna Avenue, it's vicinity to the main street should ensure there's capital growth from the get go. The existing 3 bedroom home is currently rented & achieving $260.00 per week. The property is leased until 13/10/2016. Even on it's own the property represents a strong investment but the real potential however, lies in the large block with front & rear access, capitalise on the governments offer of no stamp duty to build a unit on the block. Then just sit back and watch as your properties pay for themselves.
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