Sebastopol 5/38 Yarrowee Street
Cozy & Convenient Just Minutes To Shops
Unit 5/38 Yarrowee Street, Sebastopol is a great entry level opportunity for anyone trying to get a foot in the marketplace.
This neat little 2 bedroom brick veneer with single car accommodation is a delight for investors and first home buyers alike.
Currently leased at $250pw til March 2020 this is a purchase and park investment offering a great return of 5.65% on purchase price.
Securely tucked into a nest of 7 units the location of this gem is the key.
Easy walking distance to multiple supermarkets, schools & medical facilities, with public transport on your doorstep.
Sebastopol has seen great capital growth on units of 8.83% over the past 12 months.
If you are looking to occupy the tenants are open to renegotiating the lease.
The unit is serviced with gas heating, gas hotplates & electric oven and is in very good condition for its age.
The property will be best appreciated by personal inspection.
Get to know Sebastopol
Sebastopol is a southern suburb on the rural-urban fringe of Ballarat approx 4 km from the city centre. Sebastopol is the main thoroughfare en route to Buninyong and then further to Geelong. Sebastopol’s eastern boundary is the Yarrawee River where there is a linear park with a walking trail. There are also two wetlands, Redan and Yuille.