This motel unit is your answer! The perfect investment for those looking to supplement their income. Receive an impressive $8335.44 per annum ($694.62 per month) and let the highly experienced onsite managers look after the property on your behalf. With only the rates, body corporate and maintenance/repair as required to pay, this makes for a great income generating unit – at least a 9.37% rental yield!

* The owner receives a GUARANTEED fixed income of $694.62 every month without fail
* The fixed income increases each year in May with the Consumer Price Index, usually 3-4%
* Body Corporate fees are $447.50 per quarter plus repairs/maintenance as required
* Rates are $254 per quarter
* There are no other fees/charges payable. Electricity, gas and phone are all covered by management
* Large internal sitting area outside the unit
* Self-contained beds, air-conditioning, kitchenette, TV, phone, microwave, etc;
* Bathroom;
* Private and exclusive East-facing balcony
Complex is maintained to a very high standard by the onsite managers who are extremely friendly and accommodating. A very popular motel complex with a 85-90% occupancy rate.

Call Taryn now to arrange an inspection and for further information. An alternative to money in the bank!