Wauchope.

Currently let to 100% secure long term tenants with current leases in place until end of February 2025. Two homes on one title, set on a 1012 sqm block returning $920PW. Rates are approximate at $3000 per annum, power is separately metred and water is paid for by the current owner. Zoned R1 residential, and located so close to the CBD of Wauchope, in years to come, this area is likely to experience considerable growth. Money in the bank may go close to what this property currently returns being approximately 5.6%, but there aint no better investment then that of property investment!  Simply ideal for those looking to purchase with their superannuation, those looking to house a larger family or the astute investor. The front home is an older home with so much character, it’s like stepping back in time. Consisting of two/three bedrooms, high ceilings throughout and large open plan kitchen area. The near new two bedroom granny flat at rear consists of two bedrooms, large open plan lounge dining and kitchen area as well as a great sized North facing patio capturing the view of neighbouring acreage. Situated just around the corner from Wauchope high and Primary Schools,  Wauchope Hospital, showground, train station and only a few minute drive to the centre of town. Only 20 minute drive to Port Macquarie, this property has so much potential for the future, you could literally just sit on it, collect the rent and see what the future holds!