5.3% Gross Return - Superb Investment - Just Minutes From The Sea
How does earning in excess of $74,100 pa gross ($1,425 p/w) sound on an investment of just over $1,395,000.
This property has four units on the one title: All rented permanently with plenty of room for rental growth. Almost all of the hard work has been done, with all four units having recently had a total refurbishment including new kitchens and bathrooms - now it's time to sit back and reap the rewards. Have a look at the figures - it would be hard to find better investment.
Why not take advantage of the capital growth in the area, great depreciation to be had in your next tax return with the recent refurbishment and with location on its side - never be short of a tenant
INCOME 1 x Three Bedroom Townhouse, 2 Bathroom with a Huge 6 x 6 metre covered Patio Unit 1: Currently earning $400 p/w. Could be earning $420 p/w.
3 x Two bedroom units: Unit 2: Currently renting for $335 p/w. Could be earning $350 p/w. Unit 3: Currently earning $340 p/w. Could earn over $360 p/w. Unit 4: With a Huge 6 x 6 metre covered Patio. Currently earning $350 p/w. Could earn over $365 p/w.
OUTGOINGS Rates: $3,514.92 pa Water: $4,509.92 pa Insurance: $1,965 pa
INTERESTED ? . . . Call Bruce on 0488 571 112, to discuss the details further.
Due to extreme buyer demand, some properties may have been sold in the preceding 24 hours of an advertised open home. Therefore confirmation of all open home times with the listing agent is advised.
All information contained herein is gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries
IMPORTANT NOTE: Please register your details online for all inspection times and all enquires. If you do not register for an inspection we cannot guarantee an inspection time and will be unable to notify you of any cancellations or time changes.
Features
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.