EXECUTIVE UNITS – COMPLEX OF 6 – INVEST NOW!

A rare opportunity to purchase this executive unit block in Bundaberg South has just come available! These executive unites are designer built for simplicity and functionality.<br/><br/>Take the picturesque boardwalk through the rainforest setting to gain entrance to each individual unit. Each unit is raised just a few steps off the ground, consisting of 1 bedroom plus study with a built in robe. The combined living and kitchen is modern with all new appliances and split system air-conditioning. Each unit has a laundry built into a cupboard in the kitchen and it’s own stylish bathroom.<br/><br/>Each individual unit does have it’s own enclosed balcony and backyard including a clothesline. There is also a carport towards the front of the unit with room for one car from each unit.<br/><br/>Gross Rent: $93,600 pa (6.35%)<br/>Management Fee 5%: $4,680 pa<br/>Rates (estimate): $14,732 pa<br/>Insurance: $6,585 pa<br/>Net Income: $67,603 pa (4.58%)<br/><br/>Depreciation year 1/7/2022 - 30/6/2023 $46,919.62<br/>Schedule runs to 30/6/2053<br/><br/>This complex is currently on one title. <br/><br/>Quantity Surveyor Elemental Costings and Depreciation Scheduled available on request. <br/> <br/>If you are interested in viewing these units please contact GREG MCMAHON on 0414 518 315 or JESSIE FULLER on 0430 195 115.