This immaculate, two storey, three bedroom townhouse is located in a group of seven, and has exceptional investment return.

The property features a hallway entrance, a glamorous kitchen with meals area and breakfast bar opening onto a light filled family room with sliding doors to the outdoor entertaining area. Downstairs continues with a study or third robed bedroom, separate laundry, family bathroom and a large single lock up garage with internal access.

Upstairs you will find two large robed bedrooms and a second central bathroom with a separate toilet.

Highlights include reverse cycle heating and cooling, polished hardwood floors, under stair storage, gas cooking and a dishwasher to the kitchen.

Positioned in a quiet cul-de-sac, the property is located only a short walk to the Glenroy train station, bus services, shopping centre, local schools and has the convenience of easy access to CityLink, the Western Ring Road and Melbourne Airport.

Currently let via the National Rental Affordability Scheme (NRAS), at $1,407 PCM or $16,884 P.A. with additional income streams of $8,436.07 (Australian Government refundable tax offset) and State Government cash incentive of $2,812.02, for a 10 year period with 3 years to go until 2023.

Figures quoted are based on the 2019-2020 financial year and equate to an additional $937.34 PCM or $11,248.09 P.A.

For more information on the National Rental Affordability Scheme please visit this link:

https://www.housing.vic.gov.au/national-rental-affordability-scheme