As an investment in Perth property, this is as guaranteed as it gets.
Large quality 4 Bedroom 2 Bathroom built in 2002 in quiet cul de sac with quality tenants. Double garage, ducted A/C, good size bedrooms with robes, formal lounge and family area.
Being a Defence Force Contract the Guaranteed conditions include:
* Nil Vacancy-100% occupancy, no break in income!
* Rent $510 per week – reviewed at yearend
* Exact NETT income today is $1851.69 paid monthly in advance!
* Rents are reviewed annually at the end of the year
* Lease in place till 2016 Defence force have the right to reduce or extend the contract from this date for 12 months!!
* Fixed management / maintenance fee 15 %
* All maintenance other than structural issues are done by the defence force-
* Full internal and external repaint plus new carpeting throughout (called a ‘make good’) at the time of lease expiry.
* Leased until 31/3/2015 – by agreement this may be extended
Guaranteed nil vacancy, guaranteed income, nil maintenance problems or cost , complete ‘make good’ at lease end –
It’s All Good –
Please call Eric to discuss further 0414 473 821