End of the financial year 2015/2016 (June 30) is fast approaching, and substantial tax benefits are available for the smart investor who acts before 30 June 2016.

If this financial year you are thinking about starting an investment portfolio or you are looking to acquire further property for your portfolio you must inspect this great fully furnished one bedroom ground floor apartment. After the years pass you will look back and think, That was a fantastic investment decision!

Located in a small and attractive complex the double brick construction offers privacy and comfort. The open plan living is light and bright and the kitchen has loads of storage and plenty of bench space. The bedroom is a good size and features generous built in robes. In addition there is a washing machine in the bathroom and also one allocated car space.

It is located diagonally opposite the popular Hackett shops and just minutes away from Dicksons restaurants, cafes and major shopping centre. Civic is only a short drive away. Nature lovers note that Majura Reserve is a stones throw away adding further value. The ACTION bus stop is basically on you’re doorstep and also a broad selection of primary and secondary schools are close by.

The current owners tell me this low maintenance unit has been one their best performing investment properties. Currently rented until November 2016 at $1,281.00 on a calendar month basis, over $15,000 per annum.

Features:
7% Gross Yield (35% better yield than on most other direct property)
Proven high performing asset over the long term
Proven low vacancy rate over the long term
Fully furnished and equipped
1 bedroom
1 bathroom
1 car space
Current owners are motivated sellers
Current owners are selling this asset for their retirement needs
Low maintenance unit
Close to local shops, Dickson, Civic precinct
Public Transport at your doorstep
Private inspection appointments available (call Peter Keeley on 0455 954 351)

Rates $312.00 Per Qtr
Water $156.00 Per Qtr
Body Corporate $485.30 Per Qtr
Land Tax $361.24 Per Qtr
EER: 2