CASHFLOW AND CAPITAL GAIN FOR YOUR FUTURE

Switched on property investors who seek a solid well maintained property showing a great return on investment should dial in on this Taree property sooner rather than later.<br/><br/>No expense has been spared on this property over recent years to bring it to a high level of presentation and condition. Offered for sale as one holding this five unit complex does not have strata fees or individual council and water rates for each unit meaning that annual expenses for the property are kept to a minimum ensuring maximum return on investment.<br/><br/>Rental income from all five units is $1165 per week (after upcoming rent increases) totalling a gross annual income of $60,580 per annum.<br/><br/>Features:- <br/>All units consist of concrete rendered brick veneer construction with tiled rooflines.<br/>Entire complex has been repainted externally within the past 12 months.<br/>Three lots of two car carports provide ample cover for tenants' vehicles. <br/>Well settled tenants who have been in residence for some time. Constantly let due to high demand for units of this type. <br/>Unit 1 – 1 Bedroom with open plan living and kitchen. Recently updated kitchen, fresh internal paintwork, new floor coverings and window dressings. New split system air conditioner. <br/>Unit 2 – 2 Bedrooms with open plan living and kitchen. Recently updated kitchen, new floorcoverings, fresh internal paint work and window coverings. 1 Bedroom has fitted robes.<br/>Unit 3 - 2 Bedrooms with open plan living and kitchen. Recently updated kitchen, new floorcoverings, fresh internal paint work and window coverings. As new split system air conditioner. One bedroom has fitted robes.<br/>Unit 4 - 1 Bedroom with open plan living and kitchen. Recently updated kitchen, fresh internal paintwork, new floor coverings and window dressings. Split system air conditioner. Fitted robes in one bedroom.<br/>Unit 5 – Newly built construction offering open plan kitchen and living room with split system air conditioning and combined bathroom / laundry. One bedroom with fitted robe. Sliding door to ramp and rear yard. <br/>Successful property investors know that in for long term investing there is nothing safer than income producing real estate. Interest rates and term deposits will bounce around from time to time but the constant need for rental accommodation will see a new owner capitalise nicely on this property well into the future. Cash flow now and capital gain for later, what more could you ask for from your next investment?<br/><br/>Agent Interest Declared<br/>