Built in 2013, these modern townhouses are ideal for investment. Located within walking distance to the largest Shopping Centre – Westfield Marion, you are step away from the train station and Bus exchange and minutes away from the Flinders University and Flinders Medical centre not to mention the beach.
This is an amazing and very rare opportunity. Upon purchasing an apartment within the Selway development, you are guaranteed 10 year rental guarantee at 5% rental yield. No need to worry about securing a tenant, the risk of them leaving, or the stress of managing your investment, all of this is taken care of. Sit back, relax and enjoy the benefits of your investment!
This is ideal for first time investors or any savvy investor who likes the security of ongoing rent through a rental guarantee.
You are guaranteed tenant 52 weeks a year for 10 years and even if the property is not tenanted you will receive 5% rental guarantee.
- There is no letting fees and no risk of vacancies
- With a CPI rent increases and 5% yield in a fully furnished near new investment property, you can take advantage of tax benefits.
- Your Rent is increased annually in accordance with the CPI and a new rental valuation is completed in year 4 and 7 of the 10 year lease.
Property Management Fee : 8.8% inc GST – No letting fee applicable
Council Rates: Approx $913 per annum
SA Water: Approx $59 per annum
Strata: Approx $201 per annum
Property is fully furnished.
We also a have one bedroom for sale as well for $285,000.
Call Luke today on 0411 718 555 or 0433 815 582 and start your investment journey with a rare investment opportunity.
RLA217949