The owner of this block of three flats has decided to move on from this tidy investment. 2 attached flats at the front and a separate dwelling at the rear. At present the 3 flats have a gross return of $660/week. 2 are unfurnished and on lease at $185/week each. And the 3rd flat is furnished and is also on lease.
Unit 1 – furnished and leased till September for 290/week, Unit 2 – Lease ends Aug 2011, Unit 3 – Lease ends Aug 2011. Hard to top this in Dalby for return on your investment. Do the maths and you are sure to find that this is paying for itself. Act Now.
Expenses are as Follows:
Rates: $2928/year (Appox)
Insurance: $574/year (Appox)
Agency Commission: $2900/year (Estimate)
Water: $500/year (Estimate)
A COPY OF THE SUSTAINABILITY IS AVAILABLE FROM THE FORBES REALTY OFFICE