As an Investor owner of this property, you will benefit from having a company lease (one of our best companies) at $400 per week through till March 2025 and a gross yield of 11.88%, calculated at the asking price of $175,000. Steel frame and steel stumps are also a huge plus and many of the furniture items were replaced only last year. These include the washing machine, clothes dryer, 2 Queen mattresses, Lounges, Microwave & also the hot water system.
Nestled in a complex that provides its occupants with access to a pool and community hall, and with an immediate neighbour on one side only, this furnished unit is likely to remain popular with tenants into the future.
Inside there are 2 bedrooms with robes and fans, plus AC & security screens throughout. The kitchen is large and modern, with glossy white cabinetry and there is a good sized bathroom.
The majority of tenants renting units in Middlemount prefer furnished, which means this unit will typically be one of the quicker ones to rent if ever there is a change of tenancy.
Rates: $3300 per year
Body Corp Fees: $4800 per year
To discuss this excellent investment opportunity, call or email Rachel: 0427 967 659 or admin@mmrealestate.com.au
