INVESTORS ONLY - FIXED LEASE TILL 2025 - HIGH YIELDING Fixed lease till 2025. A brilliant property sure to be of interest to astute investors, and those with the strict criteria of only buying superbly located and well credentialed property with guaranteed cashflow - this is a rare opportunity not to be missed. Being part of the Adina apartment complex on Giles Street in Griffith, presentation is always impeccable, facilities and services well maintained - this really is an investment that is headache free with guaranteed income until December 2025.
Available for inspection by appointment only
• Two bedroom unit. 63 m2 Living and 13 m2 Balcony • Negative gearing opportunity for astute investor • Gross rental yield in excess of 5%; rents paid monthly • Long term lease guaranteeing income until December 2025 • Mid-life full upgrade recently completed • Part of the Adina apartment complex providing hassle-free management • Potential for either owner-occupation or lease renewal (at end of current lease) • Pool and Gymnasium facilities • Griffith is superbly located; right on the fringe of the Parliamentary Triangle
• Body Corp Strata: $1,462pa (sinking fund only payable) • Land Tax: $2,750.05 • Rates: $1,973 pa
2018/2019 rental income: $23,523
In accordance with government restrictions, the number of attendees at our open homes is limited. Please register your interest with the listing agent to view the property during the advertised open home time. If you are experiencing COVID-19 symptoms, have been in contact with someone who is ill or have travelled recently, we ask that you be respectful of the well-being of others and not attend the open home or auction.
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.