BARGAIN BUYS THREE-BEDROOM HOMES UNDER $ 180,000
WITH interest rates at a record low, now is the best time for first-time home investors or flippers to enter the property market.
There are some bargains on offer in Townsville, featuring big blocks of land, close to schools and shops, just waiting for the right buyer to invest their time and money.
Ray White Townsville sales associate Jake Vincent said dirt-cheap homes were “in demand”.
“The price is basically land value, so the home is an added feature,” he said.
“The potential with a cheap home is endless and can be tailored to suit your investment needs.”
Mr Vincent said a diverse range of buyers were seeking cheap houses.
“Selling a home in the lower end of the market brings its challenges … buyers are very harsh on cheap properties, trying to get the best bargain they can,” he said.
“We are dealing with h all different buyers (in- cluding) investors, flip- pers and emotional al buyers.”
The following selec- ted properties offer r many possibilities for or r buyers and will leave poo- tential investors in a headspin.
Described as a house to “let your mind run wild” with “so much potential” the property is calling for renovators to unleash its full potential.
The three-bedroom h home is located on a co corner block and is h handy to shops, schools an and the hospital and un university.
This first homebuyer’ e er’s property is near Ross R Ro River and is in walking wa w distance to schools, sch shops and public pu transport.
The large l block offers plenty of room to install a pool or shed with “everything on your doorstep”. or investment” property, the three-bedroom house features a timber kitchen and is close to schools and shops.
Represented as “great value at this price”, the lowset masonry block home is looking for the right buyer to invest some TLC in the property.
Located in the quiet fishing haven of Cleveland Palms, the home is a large shed conversion with an open-plan living.
Described as a “home to get away from it all”, buyers are urged to arrange an inspection to “see the value and quality on offer”.