Desire a long term lease, guaranteed rental income, reliable rent payments, annual rent increases and outgoings paid for? Investors know that these are the keys to residential real estate investing and this property fulfils all the above and more! The investment benefits are:
- Fixed term lease until September, 2014
- Leased at an impressive $2,961.75 + GST per month ($35,541 + GST per annum)
- Tenant pays outgoings of $508.33 + GST per month ($6100 + GST per annum)
- Rent reviewed annually based on a 4% per annum or CPI increase (whichever is greater)
- Sought after City fringe location, just 4km to the CBD
- Strong capital growth opportunity!
The property itself features:
- Two levels, solid brick dwelling
- 7 generous size bedrooms (4 on top level, 3 on ground level)
- 2 spacious bathrooms + powder room
- 2 modern kitchens (one on each level)
- 2 separate living areas (one on each level)
- Air conditioned throughout, security and insect screened
- Level, easy care 405m2 lot
- Quiet, yet convenient location
Greenslopes is approximately 4km from the CBD and is well serviced by retail centres (250m to Stones Corner retail precinct) and transport infrastructure.
This investment opportunity ticks all the right boxes!
Sustainability Declaration Available from Agent.
