$1850 P/W $96,200 P/A SECURE TENANT - 6 Month rent reviews
Morgan Crawford presents...
Recently renovated four bedroom two bathroom double brick investment property, boasting spacious modern internal living and multiple outdoor entertaining area; this cash flow performer is securely leased to a major resource industry tenant at $8,016 per month.
Property features include, but are not limited to
-4x2 10 year old double brick home with C/bond roof
-Double carport with access through to the backyard
-Large BG pool with built in BBQ area and granny flat.
-Landscaped tropical gardens all on auto reticulation.
-Large master bedroom with spacious ensuite
-Open plan living/dining throughout the home
-Air conditioners in every area of the house
Recent renovations and upgrades include,
-Complete internal repaint
-Ensuite and bathroom upgrade
-Kitchen amenity upgrade
-New reticulation system
-New studio down lights
-New pool pump and cleaner
-New stove top and oven
-All air conditioners have been serviced
Information for investors
-Current return on investment: 10.76% PA
-Secure corporate tenant leasing at $1850 per week
-Lease term, just renewed for further 12 months
-Propertyage: 11 years old
-Depreciation: approximately 10,000 PA
-No outstanding maintenance items throughout
This property is fantastic value for money given other products on the market at this time within a similar price range, take advantage of this astute investment and reap the rewards of positive cash flow and an annual growth rate of 18% per annum.
For further information on this property please contact you senior Sales Specialist, Morgan Crawford on 9172 5300 or morgan@crawfordrealty.com.au.