This studio is tiny but don’t be fooled by its size as it can generate an income of upto $250 pw ( other units in the building are currently achieving this rent) which gives you a very health return of 8.8% so you can let your tenant pay for your mortgage in no time while your little investment grows. What else can you expect from an investment !!
The unit comprises of a living/bedroom plus a bathroom and comes fully furnished ready to be rented out or owner occupied. This property would also be perfect as a cheap city pad for those big weekends.
The outoings are low and the return is huge so do your maths and you will realise the potentials of this little wonder.