There comes a time in life when your financial planner advises you it is time to off-load your property investments. That is the situation for this property investor, who is moving his retirement eggs from one basket to another. What particularly attracted Phil to buying this investment property was the quiet street, small complex of 6 units of which only 2 were being rented, the proximity to the train and shops and of course the pink bathroom.
This unit has always been easy to rent and the current tenants have been there for 4 years and want to stay if possible. They love living here and hope we can find an investor for the property. If not, the unit could be renovated without costing the earth and would be an ideal starter.
Strata levies approx $568 per qtr
Council rates approx $186 per qtr
Water rates approx $150 per qtr
Current renatl return $280 per week
All offers above $280,000 for this 2 bedroom flat with off-street parking will be seriously considered by the Vendor.
Property Code: 104945151