Rental Return is $240 per week per unit pension controlled so increases each year with pension increases, long term leases minimum 12 months.

Nice & neat 1 bedroom with large ensuite suitable for the elderly. Private lounge, kitchen & dining and a nice sunny little porch area just perfect for those lazy mornings. Walking distance to all shops, taverns, beach and parks. So much so close. Fresh air and friendly faces.

Rental Return Approx $12,480.00 per year
Body Corp & sinking fund Approx $3000.00 per year
Rates approx $1800.00
Rental Management at 14% on site managers $1747.20 per year
Return if cash buy approx nett return is $5932.80 which is a 5.2% return on your cash; property is always a safe investment. These Units are low maintenance & well managed they originally sold for $160k-$180K so these are a steal at this price!

These figures are approximate and are subject to change at any time
These figures do not included mortgage fees and set up costs or interest.

*A sustainability declaration is available for you – Direct from our REMAX Office*