Permanent letting – Unit 26 Wants a quick sale will look at offers
This unit is leased to Greyhound Coaches for 12 months at $2166 per month with a CPI increase annually = $26142
Cleaning, linen and service fee from the manager would be $99 per week = $5148
Net Income will be $20,994
After rates and Body Corporates
$12,494.00 pa 4.7% return on $265,000 – the asking price
This unit has also been refurbished and does not require anything for the existing tenancies.