Located in a well maintained gated complex with experienced on site management and high rental demand this investment opportunity should not be missed.
– Current lease to August 2014 at $290 per week rent
– Body corporate levies $50 per week
– Council rates/water $55 per week
– Price $209,000
– Gross yield 7.2%
– Sinking Fund balance $160,000
– Open plan living/dining with kitchen
– 3 spacious bedrooms with built in wardrobes
– Separate toilets upstairs & downstairs
– Single lock up garage
– Good size backyard
– Residents swimming pool on site
– Close to shops, public transport & schools
This property is situated in the quality residential complex in the area and represents a solid investment for the buyer who is looking for ongoing returns.
* Please note all gross yields and return details are approximate and are based on the asking price only (not the sale price), the gross return also does not include any tax credits or deductions the purchaser may be entitled to, and is based on information provided by a number of sources. This information is provided as a guide only and is based on figures provided to Viking Strata and whilst this has been prepared in good faith and with due care, no liability for negligence is otherwise assumed by Viking Strata, its principal’s, agents or servants. Please conduct your own investigations into the subject property to satisfy yourself with the matters concerning the property.
