Dannevirke House

This fully renovated 4-bedroom house offers fantastic value for money and is a solid option for investors or homeowners seeking a property with substantial potential. Currently rented for $600 per week, this property provides a steady rental income with minimal maintenance required. It has undergone extensive renovations, including new wiring and a full overhaul of the interior, ensuring it meets modern standards. The large freehold site opens up the possibility for subdivision, adding significant upside potential to the investment. The estimated market value of $460,000 makes this a well-priced option in a market where demand is increasing. With an 8% yield at the asking price, this property offers a low-maintenance rental income that could be a great long-term asset. Whether you choose to hold it as a rental or explore the subdivision possibilities, this property is a highly flexible investment opportunity in an attractive area with future growth potential.