You can buy 1 of these superb Units for $115,000 or buy both & make even more of a return
Husband & Wife occupy each unit with an internal connecting door between the two units; both want to stay long term and are happy to
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.

Buy 1
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
Return if cash buy approx nett return is $5932.80 which is a 5.2% return on your cash; property is always a safe investment. These Units are low maintenance & well managed they originally sold for $160k-$180K so these are a steal at this price!
Included in purchase price of the unit is a fridge, electric stove, rangehood, microwave & washing machine.

Buy 2
Rental Return Approx $24,960.00 per year
Body Corp & sinking fund Approx $6000.00 per year
Rates approx $3600.00
Rental Management at 14% on site managers $3494.40 per year
Return if cash buy approx nett return is $11,865.60 which is a 17.3% return on your cash

These figures are approximate and are subject to change at any time
These figures do not included mortgage fees and set up costs or interest.

*A sustainability declaration is available for you – Direct from our Office*