Better investment than the banks with approx 6.2% GROSS return. This first floor unit in “CHANTADA” is positioned at the back of the block which enjoys a North Easterly aspect and breezes through the corner windows. Inside it is surprisingly spacious with higher than standard ceilings and open plan living. Bedrooms have built in robes and dual windows. There is an internal laundry and separate toilet. Generous wardrobe space and linen press. Single lock up garage plus additional parking on the property. This property is also conveniently located with local buses leaving from virtually the front door along with a short walk to the local Panorama Shopping Centre and the Seagulls Rugby League Club. The block is located right across the road from the Tweed River and the local renowned PKG Seafood Market/Takeaway and Pharmacy. Great first start for someone looking to enter the market and a very smart investment with projected rental returns approx $310 pw yielding approximate 5% gross return and a low body corp. Inspections are by appointment only by calling the Amanda Patterson on 0488 058 078.
-Separate lock up garage
-Internal Laundry
-Approximate GROSS return 6.2%
-Body Corp under $30 per week
-Rental Appraisal approx $310 per week
-Rates approx $2400pa