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The banks won't give you a cracker for your dollars in interest so here is an opportunity invest your cash to purchase a duplex half without any strata fees at a very affordable price and earn heaps more.
Our property manager suggests that a rental of $280.00 per week could be achieved in the current rental market. That will give you an annual gross return of approximately $14,500.00 or 6.6% gross per year plus capital gains when it's time to sell.
Of course, you could buy it to live in it yourself because it's so close to the town centre, beaches, Tafe, schools and all the other facilities our beautiful city has to offer.
The 3 bedroom home is quite spacious and has been recently modernized as you can see from the kitchen.
Most areas of the home are ducted with evaporative air-conditioning to cool you down in the summer months when there is no sea breeze…..which is not often.
This duplex home is unique where it also has side access to the rear of the block where you can park a caravan or boat.
To inspect the property home call all exclusive listing consultant John Mandosio on 0417 959 004 or email [email protected]
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