Astute Investors >5.5% rental yield, very low expenses

Over 5.5% gross rental yield, extremely low expenses.

Ground floor, 1 bedroom 1 bathroom apartment in a secure complex currently tenanted for $320 per week, $16,640 per year. 4 year continuous rental history available, short-term leasing not an issue.

Fully furnished, dishwasher, washer, fridge, A/C plus furniture all included in ownership transfer.

Hardy 30mm stone bench tops throughout kitchen, bathrooms and laundry and hardy Laminate timber flooring. Allocated parking bay, and undercover alfresco.

CCTV and secure gated electronic entry further reducing insurance premiums.

Very low strata fees on this owner managed strata, approximately $150 per quarter currently.

Water service is approximately $175 every 2 months.
Electricity usage and service is covered by the tenant
No gas connection to premises which means no gas bill.
Council rates are approximately $300 per quarter.
Depreciation report can be included on request.
Property management can be included for flat 10% all inclusive.
Full renter ledger can be provided on request.

Please contact the agent for further information, the current owner is happy to answer questions.

This is a true ‘purchase and leave’ property with guaranteed return.

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Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers or tenants should make their own enquiries to verify the information contained herein.