Great Value For Your Money. Income Producing Investment Opportunity.
Fully furnished 2 year old single bedroom unit located in the sought after Bougainvillea Retirement Lodge. Caters for single pensioners and over fifty’s, in a quiet landscaped setting.
Currently the Rent being achieved is $324 per week. This includes 3 meals per day for the tenant (no cooking facilities are included with the unit). On site managers are available to ensure security and friendly assistance.
The weekly rent payable is based on using 83% of the tenants single pension and 100% of their rental subsidy. Rents will only increase when the pension increases.

Current rent achieved is: $324 p/w

Expenses : On Site Management Fee $86 p/w
Body Corporate Levy $12 p/w
Council Rates $42 p/w

Total Outgoings: $140 p/w

A full copy of all inclusions and furnishings available upon request.

A Copy of the Sustainability Declaration is available at our office.