Are you sick of looking at properties where they have had a bad reno or have been painted to a low standard, and the owner wants a inflated price for something you will have to redo anyway? Then this is the project that you have been looking for!. This great duplex is located in the sought after area of Labrador. It is a rare 2 bedroom (plus converted garage) with 1 bathroom and has a fantastic back yard. It features an open plan lounge / dining area and ready for a coat of paint and a facelift, so if your looking for a property to buy with the view of adding value, THIS IS THE ONE! In its current condition the property is rented until April 2023 @ $430.00 per week, so if you wish to move in you can simply take over as the landlord and move in at the end of the lease . Alternatively, if you are an investor, these great tenants would be happy to stay and pay an increased weekly rent. With no body corporate fees (shared insurance only), and a great location and great sized yard, you will have to be quick to secure this great little property. This duplex features: - Two-bedroom duplex (plus converted garage) - Approximately 336m2 of your own land - 1 bathroom plus separate toilet - Open plan dining and lounge - Fully fenced private backyard - Garden shed - Rainwater Tank - Carport for 1 car plus space for another car or boat - Short walk to shops and transport - No body corp fees - just shared building insurance - Currently let to great tenants until April 2023 - Close to GCCC University Hospital and Tram Line - Rented until April 2023 @$430 (Rental Appraisal $450 - $475) - Water Rates: $1,200 p.a Approx. - Council Rates: $1,600 p.a Approx. - Shared insurance of approx. $500 p.a. each Beauties in this area don't last long. Be quick and attend the first open home! Disclaimer: Ray White Labrador in preparing this information has used its best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective buyers should make their own enquiries to verify the information contained herein.