This strata titled unit, designed for seniors, comprises 1 bedroom, 1 bathroom with laundry and open plan reverse cycle air-conditioned kitchen/lounge room. Located in very pleasant communal surroundings, and currently giving around 13.51% return gross and 6.52% net after Body Corporate fees, management costs and rates are deducted… Now that’s an impressive investment!

The unit is tenanted at $13,500 per year. Body Corporate fees are $892.74 per quarter, Oxford Crest managements costs are $61.50 per fortnight and rates for 2016 year were $896.62 in September and $859.28 in March. Do the sums and you’ll realise not much in this market is returning these sorts of figures. Be sure to arrange an inspection today you certainly won’t regret it.