The vendor has instructed a quick sale of his apartment giving you the choice of either living the Cullen Bay lifestyle yourself or continue with this great investment returning 8.5% gross in a slow year. Arafura Games in April 2011 will be the start of returns getting higher still!

- 1 x studio apartment adjoining
- 1 x 1 bedroom apartment
- 1 x carpark
- Resort style complex with a pool
- Near new furnishings
- Professionally managed accommodation
- 8.5% + Gross returns
- Well maintained complex

Keep as a highly desirable investment property, live in one and rent the other, or live in them both!
The choice is yours. With excellent seasonal rental returns and a very attractive management contract, this really is a low maintenance investment or a very low price to live in Cullen Bay and enjoy the the nearby beach, marina and cafe / restaurant precinct.

Council Rates: $900.00 / pa
Body Corp: $1,785.00 / pq
Unit Area: 98m2
Rental Return: 8.5% Gross (in a slow year wait till this year!)
Year Built: 1997