Phone Enquiry ID:56011

This brand new townhouse is a fantastic investment opportunity.

It has settled and is complete. We even have a tenant on a brand new 12 month lease.

With 2 large bedrooms, 2 bathrooms with a third toilet, and a single lock up garage and a great entertainment courtyard.

High quality finishes including Vertical Blinds, Laminate kitchen benchtops, stainless steel cooktop, underbench oven, built in rangehood and underbench dishwasher. There is also automatic panel lift garage door, basic landscaping and an instantaneous hot water system.

This townhouse is in a brand new estate at the top of the freeway with the gateway to the Hunter Valley and link road to Newcastle Airport.

But what is the rental guarantee.

We will guarantee that you receive $480 per week for the first 12 months of ownership.

Lets put that into figures: (note: these are approximate and should be checked)
Purchase Price $480,000.

Rent $480 per week x 52 weeks = $24,960

Rates = $1,600 pa (estimate not confirmed)

Strata Fees = $1,520 pa

Building Repairs Allow $100 for light globes etc (Not Covered under builders insurance)

You could then claim Depreciation = $12,000 (Year 1 Washington Brown online calculator)

These figures are approximate and need to be check by purchaser.

Your expenses (loan, insurance and management fees)

Dont tell me these figures dont add up to a great investment that you are also gaining capital growth.