House and self contained flat package with a variety of options. Investors, do the math and it will be immediately apparent that this property is offering an excellent return on investment. Income: Potential rent for house is $380 per week. Actual rent for flat is $160 per week. Combined $540 per week. Gross: $28,080 pa. Outgoings – Rates $962.60 + Land Tax $1,221 + water (varies approx $1,000 pa) + management fee (approx 11% inc gst) $3,088 + maintenance (varies approx $500 pa) + landlord insurance (varies approx $300 pa). Total: approx $7,072. Net income: approx $21,008 pa. With interest rates dropping, now is the perfect time to buy an investment property. Extended Families – Single level, four bedroom ensuite home plus self contained flat. Double garage with internal access plus carport. Mortgage subsidised – Move into the house and have a tenant pay $160 per week for the flat to help pay the mortgage. That equates to over $8000 pa of mortgage subsidy. EER 1