Investors please take note of the following statistics;
- 4 very tidy 2 bedroom unit that are brand new inside
- Completely renovated from floor to ceiling
- Exterior of property has been given the same treatment w/ new paint and fencing
- Builders Warranty applicable
- Substantial depreciation (Check with your accountant)
- Earning $265 per week on average each
- Low Insurance costs (Listed below under outgoings)
- All four tenancy are filled on fixed term leases
- In a quiet street, across from a park with great tenants
- One owner - no body corp!!!
- We believe this is the single best value for money unit complex in Townsville.
- Returns based on $740K purchase and $1060 per week in gross rent returns.
- Lower risk by virtue of 4 tenants.
Outgoings:
- Rates: $5764.02 Per Half Year
- Insurance: $3696.16 Per Year (Indicative of current owners premiums)
- Strata $0 - One owner + no body corp
Call to arrange an inspection and be really quick as these units will sell.
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