22 Ritchie Street Ouyen, 3490 VIC

How does a 9%-10% return sound?!

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Recently updated three bedroom home in the rural Mallee township of Ouyen. Numerous renovations have been undertaken at the property over the past months. Loungeroom with combustion wood heating & split system heating/cooling plus ducted evaporative cooling. New kitchen with freestanding electric cooktop/oven and the property has been freshly painted internally. New loose-lay vinyl flooring in the living areas, while the bedrooms retain the original carpet. Central bathroom and internal laundry, which leads onto the deck, plus paved alfresco area. Garage/shed with concrete floor, lights and power plus additional wood shed. Large established tree at the rear of the yard will provide ample shade in the warmer months. With a current rental appraisal of $340 - $360 per week, this represents an expected 9%-10% return. Situated on a rectangular 682m2 allotment. The kids can walk to P-12 school and sporting facilities, while the stunning Ouyen Lake is nearby. This is great buying; whether you are looking at getting into your own home or securing your first investment property!

For Sale $180,000 - $198,000

Inspect

Inspection of this property is available by arrangement, or at the following advertised times.

  • Sat 2nd Aug 1:00pm - 1:20pm

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