Situated on a generous 573 square meters (approximately) of land, this semi-detached maisonette home is an attractive proposition, particularly for discerning investors. Presently, the property boasts a stable, long-term tenant under a fixed lease agreement, ensuring a consistent rental income of $250 per week until the lease's expiration on June 2nd, 2024. It is worth noting that, based on current market conditions, the expected rent at the conclusion of the lease period is approximately $350.00 per week. Nestled in the sought after suburb of Elizabeth Vale, the property enjoys convenient proximity, being a mere 10 minute walk or a brief 2 minute drive from the Lyell McEwin Hospital and local retail establishments. This exceptional opportunity allows savvy investors to secure this asset, set to yield substantial returns well into the foreseeable future. The interior of the residence has been thoughtfully updated, with both the kitchen and bathroom having undergone renovations. The kitchen is equipped with modern conveniences, including an oven and a gas cooktop. The well-appointed lounge area is positioned at the front of the home and features a wall-mounted air conditioning unit, ensuring comfort in all seasons. The meals area is conveniently situated adjacent to the kitchen, enhancing the flow and functionality of the living space. Outside, the property offers a secure gated carport with convenient drive-through access to a spacious rear yard, adding to the property's overall appeal. This presents an outstanding opportunity for seasoned investors looking to expand their property portfolio or a promising entry point for first-time investors. Enquire today to seize this investment opportunity! Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document. RLA155355