Situated in a complex of 65 Units in an over 55′s Living is this fabulous 1 Bed / 1 bath unit with semi-contained kitchen single lounge/dining area and bedroom with ensuite and laundry facility. Private garden area and lovely courtyard. Get in as these have been selling like hot cakes.
You can buy 1 of these superb Units or buy both & make even more of a return
Returns are:
Rental Return is $240 per week per unit pension controlled so increases each year with pension increases, long term leases minimum 12 months.
Rental Return Approx $12,480.00 per year
Body Corp & sinking fund Approx $3000.00 per year
Rates approx $1800.00
Rental Management at 14% on site managers $1747.20 per year
These Units are low maintenance & well managed.
These figures are approximate and are subject to change at any time