1/29 Daylesford Close, South Hedland

Fully Renovated - Blue Chip Property - Long Term Tenant One of the nicest homes within its price range is now available to the avid investor, boasting maximum depreciation, no maintenance, a secure 24 month company lease and a positive return of 11.7% per annum. Located just 2 minutes' drive from the regional Hospital, revitalized South Hedland CBD and new Police station. This property was recently leased to a long term company within 6 days, with 4 other eager companies missing out. Ensure rental security and tenant diversification with an investment property that provides demanded features. Property Features include, but are not limited to: -Full internal and external renovations completed in the last 12 months -Brand new below ground pool and entertaining area (over $60,000 spent) -Brand new external C/Bond fencing plus landscaped gardens with auto retic -Large solar hot water system (save electricity immediately) -Brand new split air-conditioners in every room -Internals' have been completely gutted and renovated. -Massive depreciation available, estimated at 15,000 per annum Information for investors: -24 month Company lease started October 2011 until October 2013 -Leased at $1800.00 per week or $7800.00 per calendar month -Subject to market reviews every six months -Estimated 15,000 worth of claimable depreciation per annum -Over $100,000.00 spent on the property in the last 12 months -2 Minutes' drive from the South Hedland CBD and new Hospital Cost Analysis for investors -Current gross return per annum - 11.7% -Minimum yearly income $93,600 (Gross) -Council rates - $1450 PA -Water rates - $950 PA -Body Corporate rates inclusive of annual insurance: approx. $7,000 -TOTAL expense outlay : $8,545.00 PA (all tax deductable) -$93,600.00 - $8,545.00 = $85,055.00 Net PA -NET Annual Return : 10.65% Enjoy one of the highest NET returns in town, Enquire today!!