Sold for $118,000
Sold for $118,000207 Commercial Street, Merbein VIC 3505
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Property was sold on 4 October 2016.
Sold on 4 October 2016.
3 beds
1 bath
House
706m²
3
1
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House
706m²
In a great location opposite the Merbein P-10 school is this sturdy weatherboard residence which has been re-stumped and features an updated bathroom and timber floors in the lounge and 2 of the 3 bedrooms. It's a great opportunity to continue the renovation and reap the benefits of high ceilings, combustion heating and ornate roses all on a 708 square metre allotment (approx.). If you're looking to start an investment portfolio the property has a rental appraisal of $190 per week which shows an excellent 8.03% gross return on investment. Move straight in and do the home improvements as you go or invest and have many happy returns.