If you have been looking at bank interest rates wondering how you can possibly make your hard-earned savings work better for you, this property in flood free Junction Hill could be a terrific option!
With an estimated return somewhere between 4.5-5% NET after rates and insurance plus tax deductions and depreciation allowances, you need to ask yourself which is better. Bank interest investment rates float at around 2.7 to 3.5% GROSS return. So there in itself lies the answer to the question!
This fully renovated property requires no work and is ready for tenants to occupy immediately (appraised at $330 per week). Three bedrooms, modern well appointed kitchen and luxurious bathroom, open plan living with a front deck for entertaining and so much more. Not to mention Junction Hill is a rental hot spot for our area, proving very popular with renters.
After all, it's your money and you deserve so much better than what investment interest rates can provide. Give us a call today to book your inspection.
