Subdivide i.e. duplex sized block. House to rent out immediately. In the centre of town, walk to shops, school. The secret to making money out of real estate is to buy a well located property. Tick number one. Buy a property with income to gain the tax advantages. Tick number two. Buy a property that is large enough to be subdivided. Tick number three. While this property has a great old house that could be rented immediately, a little money spent on improvements will increase the rental return substantially. Like all opportunities, they come dressed in overalls and disguised as hard work but this one has a good solid structure, good roof and garage. Please contact exclusive agent Rita McLean direct on 0427 423 200 or email rita.mclean@raywhite.com