This is a great opportunity to secure a fully furnished 1 bedroom villa in Australia's leading health retreat, the golden door resort. This villa presents very well and offers stunning views over the valley. The Numbers look like this. The Gross yearly rental return of $15,915.24 pa with annual increases by way of CPI (every May). One quarter of the gross yearly rental is held back in trust for the Villa Refurbishment Program ($3,978.81 pa) which leaves you with $11,936.34ALL outgoings paid for by the tenant except the strata capital works fund of $189.40 pq (approx) and council rates of $151 pq (approx) with a final Net return of $10,574.74 after these limited outgoings are deducted.But wait there is more! You also have the added benefit of enjoying a discounted stay for 7 days for 2 people each year which saves you approx $5000 pa••Lease start 1st May 2018 end date 30th April 2024 with a 6 year option.Property Quick Facts - 1 good sized bedroom - Fully Furnished- Spacious open plan sitting space - Stylish kitchenette - Ducted air conditioning- Large ensuite - Verandah off sitting area For your copy of the contract or to find out what you need to do today to buy this investment opportunity please contact us on 4050 6000 or email us for details.•the % return is based on the nett yield devided into the sale price and does not factor in legals, stamp duty or funding cost. LJ Hooker Cessnock does not give financial or investment advice any claims are of a general nature only. •• approximate savings are based on the room rates at time of listing.
