This property is targeted towards the astute investor seeking cash flow in the Capital.
A freshly renovated one bedroom apartment that previously has been leased, fully furnished, for $520 per week. The property is accompanied by two 40sqm storage units that can be sold with a two year lease of $200 per week in place.
Added together, you get $720 per week which represents a nett return of 8.95% on the sale price.
The location and the benefit of an off street car park ensures you will never have any difficulty in finding a tenant.
Viewing by appointment only.
Body Corp levy: $360 per month
Rates: $895.76
*Storage units can be leased for 2 years at $200 per week.
*Apartment with car park rented for $520 per week.
This property is targeted towards the astute investor seeking cash flow in the Capital. A freshly renovated one bedroom apartment that previously has been leased, fully furnished, for $520 per week. The property is accompanied by two 40sqm storage units that can be sold with a two year lease of $200 per week in place.
Added together, you get $720 per week which represents a nett return of 8.95% on the sale price.
The location and the benefit of an off street car park ensures you will never have any difficulty in finding a tenant.
Viewing by appointment only.
Body Corp levy: $360 per month Rates: $895.76 *Storage units can be leased for 2 years at $200 per week. *Apartment with car park rented for $520 per week.
Total rental income of $720 per week.