That's right still cashflow positive after rates body corp and management This property consists of 2 one bedroom units currently rented for $275- pw each. In the last financial year this property returned $15,000- after all R&M and management fees. Tenancy rate has been around 90% and based on the rental rate of $275-pw you can expect a return after maintenance and management costs of circa $16,000-pa. With council rates of $3,800-pa The Onsite managers are experienced in providing this type of accommodation. You can get an outline of their operation at www.threesistas.com.au Call to arrange an inspection today. * On-Site experienced managers * Very low vacancy rates * Pool
