75 Colorado Drive, Corio, Vic 3214

Considering the volatility of the stock market at the moment and record low returns on bank deposits, it's refreshing to see a low risk investment that's yielding a healthy 6.13%. Given the ongoing demand for housing close to local Schools, Public Transport, Corio Village Shopping Centre, Railway Station and easy access to Melbourne this neat and tidy brick residence is virtually recession proof. The home is also ideal for retirees or a great start for a young couple and comprises 3 generous bedrooms, living room, adjoining kitchen/dining area, updated bathroom, separate laundry and light filled sunroom overlooking the North facing garden. A double carport, separate garage and workshop area provide excellent car accommodation. Currently let to a long term tenant the property generates immediate income stream for the investor or alternatively move in at settlement.

Land Dimensions 540m2
Rental $270 per week