4 Quality townhouses on one title means only one council rates notice for the four properties enhancing $$$ returns. The developer is keen to do a deal on this gem of project that is showing stunning returns of approx. $96,200 gross income pa. There is also the opportunity to strata title the units and sell them separately if desired. If you are looking for gross returns well above 7% with solid potential for future rental growth, then get to the phone fast before the show’s over!
Featuring:
* Brilliant location at the end of a whisper quiet cul de sac with water views to Loders Creek
* Fabulous design and well constructed with quality fittings and fixtures throughout
* Only four years young with plenty of future depreciation allowances for tax purposes
* Close to Southport CBD, Griffith University and New Gold Coast Hospital and Light Rail projects
* Close to the Broadwater, beaches, parks and restaurants
* Trendy Chirn Park Village just a short stroll away
Comprising of:
3 x low set, 3 bedroom, 2 bathroom with double lock up garages and balconies. Rented at $400pw each
1 x two storey, 5 bedroom, 3 bathroom, two living areas with double lock up garage and balconies.
Rented at $650pw
Insurance approx $1019.93 pa
Council Rates approx. $1763.00 pa
This is a rare opportunity to secure a rock solid investment for the future well below replacement cost.
For detailed information or to arrange your inspection, simply call me now:
Peter McLaren
0404 498 503