This great 3-bedroom townhouse is an end unit located to the back of the complex with a long-term tenant in place that is returning a solid $340 p/w income with an extra option on the lease to secure your investment. Next Lease rent should go up, as current rents are up to $370 p/w in the complex now.
Body corp fees approx. $71.62 p/w
Council rates and water approx. $66.50 p/w
Rent $340 p/w(due to timing of lease this can go up to $370 on the next lease)
Purchase price Offers over $270 000
Gross Yield 6.54 % * Next lease could see this at a Gross Yield of 7.12%
Property description:
* 3 bedrooms all with built-Ins robes with single shelf and ceiling fans
* Master bedroom with built in robe with shelf and ceiling fan
* 2 toilets (Upstairs stand alone, downstairs separate toilet)
* 6Kw Mitsubishi air conditioning throughout living area downstairs.
* Ceramic tiled open plan living and dining areas
* Kitchen with pantry, large refrigerator space, and electric stove and breakfast bar.
* Storage under the staircase & storage cupboard in garage
* Wired for NBN
* Security screens on entrance and yard door + downstairs windows
* Single garage with internal access to unit.
* Fully fenced private rear garden with paved and grassed area.
* Security gated complex with in-ground pool
* Bus, Trains, schools and close to Pacific Highway.
* Great onsite managers to protect and grow your investment
* Built around 1993.
Watch your investment portfolio grow with excellent presentation to the complex and complimented by lush landscaping, Walk to shops, transport and schools for tenants ease makes this is a must, act now.
* 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 Onsite Property and whilst this has been prepared in good faith and with due care, no liability for negligence is otherwise assumed by Onsite Property, its principal’s, agents, or servants. Please conduct your own investigations into the subject property to satisfy yourself with the matters concerning the property.
