The scenario; Buy for $200,000 rent it out for $225 per week ($11,700 per annum or $975 per month), *Interest only loan of 4.99% ($10,479 per annum or $873 per month)
Investors; rarely does an opportunity like this present itself, so now is the time to either start or extend your property portfolio.
What you need to know; this property is set in a secure small group of 7, has been recently renovated with new floorboards to the kitchen/dinette and new tiles and vanity to the bathroom/laundry. With all the hard work done on this 1 bedroom (with BIR), upstairs unit is ready to move in to or lease out.
Conveniently located close to Anzac Hwy and all the benefits that come with the location. Major shops just at the end of the street, public transport just as close and only a 10 minute drive to the city.
For more information or to make a time to view please call Scott Ellis on 0415 405 159.
NB: *Figures supplied by LoanMarket and calculated on a purchase price of $210,000 inc stamp duty over 30years.
www.raywhiteaberfoylepark.com.au
RLA213410