Shares v Property investment? Read on ….

On the 31st October 2007 shares in Australias No 1 Blue Chip company, BHP, were worth $47.40 per share. Today they are worth $24.60 per share. This is a 48% reduction in 12 months!

Consider the following alternative.

Invest part of your super in this 8 unit complex in Karuah Avenue, only a stones throw from Macauleys Headland Beach and Park Beach Plaza. You can now borrow funds and also use part of your super to buy property. Why not manage your own money?

THE FACTS:

Improvements: 8 x 2 bed full brick, well built units, located on a prime corner allotment
Income: $66,560 pa gross (approx $48,500 pa net)
Price Guide: Bidding expected from $900,000.

Summary: We cannot tell you what this property will be worth in 5 years time, but with the cost of land and buildings increasing (significantly) each year, and rental demand and rents growing steadily, we can tell you this property will deliver a solid, reliable and steady cash flow.

Your very real BLUE CHIP property investment will always be there for you to inspect. Take control of your hard earned savings!

ACT NOW and arrange an inspection, talk to your accountant, and then relax in the knowledge that your money is well invested, and you are in control of your own financial destiny.

Building Insurance $1200 pa; Council Rates $8023.29 pa; Outside Garden Maintenance, Electricity & Water $3050 pa approx, Vacancy Factor $1500 pa, Management Fee $4155 pa.

Immediate strata potential subject to council consent.

Land size 1275m2

SOLD AT AUCTION FOR $980,500