Yes that’s right – UNDER $200,000!

This very quiet complex of 36 units situated in Capalaba caters for retired TENANTS ONLY who still enjoy their own independence.

Each unit is comfortably furnished for the residents and are fully self contained with one double bedroom including built in robe and ceiling fan, lounge/kitchenette , laundry/bathroom, courtyard plus television, microwave and security screens. Easy walk over to Capalaba Park shopping centre, quiet cul de sac and bus stop at front entrance of complex.

The on site managers are a lovely husband and wife team who work hard to see to all of the residents’ needs including all meals, which are served in the main dining/social room, weekly linen service, garden upkeep, maintenance and the general day to day running of the complex.

RENT: $572 PER FORTNIGHT
BODY CORP: ADMIN FUND: $954.33 P.A.
SINKING FUND: $324.03 P.A.
RATES: $395.28 PER QUARTER
MANAGEMENT FEE: $380.00 PER MONTH

Rent is deposited into a “pool account” each month.
At the end of each month, any expenses incurred, such as body corp and management fee are deducted from this “pool”. The remainder is then distributed evenly to each 36 owners’ accounts.

Buy one unit or buy both! If you would like to find out more details on this unique investment opportunity, then please call me, KERRIE WAIPAPA on 0408889568 or email kerrie@professionalscleveland.com.au.