Money earner investment, conveniently located steps from Coles, DFO, cafes, retail outlets, shops, gym and public transport. An easy apartment to add to your investment portfolio, 1 bedroom, 1 bathroom with off street car space (not covered). Located on the 1st floor this 45m2 apartment has cooling breezes and lots of natural light. There is a 9m2 lockable storage room located on the ground level. Rental return of $190 per week, ROI 9.1% approx. Desirable location only 8 minutes to the CBD & 11 minutes to the airport.
Inspections available only from 17.1.2021 due to Tenant with compromised health condition and Covid precautions.
Fixed Tenancy Agreement to 14.1.2021 $190 per week. Was previously rented for $210pw, owner reduced the rent during Covid and for inconvenience of the property being For Sale. Can eventually increase rent to $210 per week, ROI 11%. Number of units 10 Body Corporate Fees $2,500 aprox pa Council Rates $2,500 aprox pa
