TWO FOR THE ONE PRICE
Twin seperate titles.
Willow Vale properties for sale.
Positively geared secure income source.
The property can either be leased out to anyone from the public (as a normal rental property) or you can live in this yourself.
The properties feature:
1 bedroom each with bathroom upstairs
Open plan living design
Split system air-conditioning
Fully functional kitchen
Large outdoor balcony
Laundry
Clothes hanger installed
Electronic gated estate
Facilities include a swimming pool & tennis court
Properties are currently leased at $320 per week each (No lease in place)
Land size is 128m
You also own a portion of all the common ground and property
Live in there yourself:
You may wish to live in there yourself, the only expenses are body corporate fees, council rates and building insurance as below.
Yearly expenses:
Body corporate fees per property = $4,063.41 (Admin Fund $1,584.03 + Sinking Fund $2,479.38) (Approx.)
Council rates = $1,844.60
Rental Management fee = $1,326
Building Insurance = $134.36
NETT INCOME for BOTH approx = $33,280 per year.
There are no restrictions, this is just like any other normal property, you can rent, sell them whenever and to whomever you want.
These properties are strata titled just like owning any other property, townhouse or duplex you own the land size written in the description.