SOLD
A SOLID CBD INVESTMENT
A quality built lowset brick & colourbond construction, the most attractive positioned unit at the rear of the complex. A great opportunity to add a healthy yielding property to your portfolio.
Showcasing a very comfortable floor plan, consisting of an open plan living & dining space which the kitchen faces, two generous size bedrooms with built-ins and a bathroom that extends into the laundry area.
There is a single lock up garage with internal access into the residence, a nice covered alfresco area with screening at the front and a low maintenance concrete backyard with privacy fencing. The current tenant is a long staying tenant of 11 years paying $250 each per week and willing to remain in the property. This investment providing a healthy 6.5% gross yield, with potential to increase the rents to reflect the current market value.
As centrally located as you can get, the convenience factor to the CBD is unquestionable for any resident who lives in this property.
We must let you know:
- Rental appraisal $295 per week
- Council rates approx $1417.79 per half year per unit
- Body corporate approx $648.50 per quarter per unit (this includes sinking fund contribution & building insurance for this lot)
- Public transport at the end of the street
- Minutes drive to many primary schools
Built In Robes