Many existing or soon-to-be superannuants have been none too happy with the results of their managed funds in recent times. Commissions paid and the devaluing of their investment as a result of the financial malaise in which we have all been operating since mid 2007 have left many thinking 'There must be a better way'.
This could be it.
Offered is a fully furnished and fully serviced guest room in a 4 Star apartment complex that is one of the best located and longest established in Canberra.
Capital Executive Apartments is one of the first of such developments seen by tourists entering the city by road and is no more than 10 minutes walk to the city centre and 10 minutes drive to the Parlimentary Triangle and most government departments. (Remember - Canberra, being the seat of the federal government, will always have a constant flow of people, directly or indirectly involved in the business of government, visiting the Capital for meetings with all levels of the bureaucracy, regardless of the state of the economy, domestically or internationally.) Features within the complex include 24 hour reception, room service, award-winning Italian restuarant, spas, sauna and gymnasium.
The progressive management company also ensures that the appeal of the apartments is not limited just to the local and national market by having significant international exposure through overseas associations.
This apartment is currently producing $1139 per calender month ($1005 after deduction of $134 Management Fee; all other expenses average $375.33 pcm) which represents a gross return of over 9% pa if purchased for $150,000.
So.........if you have been disillusioned by the performance of your managed investment funds recently, why not consider taking on the responsibility yourself. Here, everything is done for you and as an owner, you are part of the decision-making process through your membership of the Body Corporate rather than being a number who is advised what has happened.....after the event.
Call now for further details 0414 622 926.
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