These town houses make ideal investment properties and are currently rental at $430 and $440 per week. Added depreciation benefits these properties are newly constructed.
Each townhouse offers open plan living areas, 3 bedrooms, 2 bathrooms, private yards and lock up garage. Upstairs, the large main bedroom has a walk in robe and ensuite bathroom, with separate parents retreat. A central bathroom with bathtub services bedrooms 2 & 3 ( BIR’s to bedroom 2). A study area upstairs also has a built in desktop.

These make ideal investment properties.

We offer free depreciation report.
10 year cash flow report for your accountant.

Property Features

3 bedrooms
main with ensuite
open plan kitchen / meals
separate upstairs lounge room
new carpets to bedrooms
either floorboards or tiles
downstairs toilet
private court yard
double garaging
minutes to beach
front landscaping

Downstairs, the open plan kitchen and family meals area features bulkhead over the kitchen, stainless steel appliances & plenty of cupboards & bench space. A second WC downstairs is adjacent the laundry and the private rear yard provides room for entertaining. Double carport with enterance to inside offers secure parking facilities.
Each has ducted reverse cycle air conditioning, rainwater tanks and different contemporary colour schemes & floor coverings including polished floor tiles, carpets or floating timber laminate floors.
Surrounded by new homes in this quiet, yet handy location. Call today to arrange an inspection.

INVESTOR ANALYSIS – approximate and first year only.

Depreciation yearly : first year $10,000 average $7,000 per
year.
Loan Repayments : $517 per week. based on 6.8%
Rental income : $430 per week Deductions : $25,000 per annum
Gross Yield : 4.5%

CURRENT CAPITAL GROWTH 6.3% ( source RPData )

*Based on 30% tax rate only a loan of 80% and full depreciation amount.Soil Plus Property always recommends that you speak to an accountant / financial planner before committing to any investment purchase. Each person’s taxable income and investment circumstances are different.

Property Code: 17