NEW MOTEL-STYLE DEVELOPMENT OFFERING GREAT CASH FLOW PROJECTIONS
- What a great way to buy in boom town Gunnedah – Attractive, modern & functional.
Buy as set of 12 income-earning units.
- 6 x 2 b/r apartments + 6 x 1 b/r studios, 15 car spaces + reception/office area
- Price includes, rev. cycle air cond., quality finishings and furnishings (as per schedule available on request)
- Moving towards construction, this centrally located position will attract quality tenants seeking convenience to shopping, hotels & restaurants in an affordable, furnished layout.
- Talk to your financial planner now about the great depreciation benefits and low cost to return ratios of this great buy.
Anticipated rental yield of approx $375-$385pw on 2 b/r units & approx $280-$290 pw on 1 b/r studios.
Indicating gross annual returns of around $186,732 pa (based on 90% occupancy & median rental return).
Arrange to inspect by appointment
Mike Brady 0488 420 266