Discover the hidden gem at 42 Ellis Street, Pemberton � an ideal investment opportunity that promises both stability and potential for growth. This cozy 2-bedroom, 1-bathroom villa is currently rented, offering you instant returns in a thriving rental market. Or the lease is up in March if you wanted vacant possession. Sit back and relax as this property generates passive income from day one. With reliable tenants already in place, you can enjoy hassle-free returns without the need for immediate renovations or marketing efforts. Or why not give it a reno and modernise it be able to get a higher rental income. This villa is neat as it is and you can leave it as is or why not give it a modern spruce up. It's perfect for the low maintenance and affordable lifestyle seekers. Tucked away in the peaceful surroundings of Pemberton, this property offers a serene retreat for tenants seeking a quiet lifestyle amidst nature's beauty. Surrounded by lush greenery near the outskirts of town. Property Features: *Currently leased at $300 a week on a fixed term lease until 15th of March 2024 *Solid double brick construction *Wrap around verandahs *Open plan living *Split A/C *Easy care yards *Side access to private courtyard Whether you're a seasoned investor looking to add to your portfolio or a first-time buyer seeking a smart entry into the real estate market, 42 Ellis Street offers the perfect blend of affordability, convenience, and potential for growth. The property is now open for auction bids through Openn Negotiation. Here are the auction conditions to consider. Be quick as you don't want to miss out! *Auction Type: Openn Negotiation (online) *Bidding Terms: All bidders must register and secure approval from the Seller. *Flexible Bidding: Terms can accommodate financing needs. *Final Bidding Stage (FBS): Scheduled for Tuesday 20th Feburary at 6:00pm (Please note: Timing may change or the property could be sold prior to this date). Disclaimer: This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.