Need something secure. Government backed investment property. Just under 20,000 Income - Great Returns. Genuine Opportunity.

55/2-12 College Road, Southside, 4570

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160,000 AUDEst. Mortgage: AUD 1,124/monthFor Sale
  • Ownership Type Unit
  • Property Area 0 sqft
  • Bedrooms 1
  • Bathrooms 1
  • Furnished No
  • Last Updated 8th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Air Conditioning
  • Built-in Wardrobes
  • Toilets: 1

Property Overview

Government Backed investment property - Owner is moving on - priced for quick sale $35000 less than new price & make an offer!

This NRAS property is a bricks and mortar investment returning 7% net at asking price. Government subsidy remains in place for two more years to add security to your purchase.

Would make an excellent addition to your self managed super fund or simply beat the banks and share market.

Long Term tenant already in place. Our on site manager is looking after your property 365 days a year!

Large, modern, one bedroom unit for sale in popular OXFORD CREST GYMPIE - an over 50's village. There is often a waiting list of potential as there is a shortage of accommodation for the largest growing demographic, seniors!

The new owner will benefit from the National Rent Affordability Scheme:

9724 Rent
+ 2812 QLD Government Fee
+ 8426 FED Government Fee
- 1428 Real Estate MGMT
- 989 NRAS fee
= 18545 Sub Total
- 4780 Body Corp
- 2700 Rates and water Council

= $11045 Combined Income for this property or 7.35%!!!

Location on Google Map

55/2-12 College Road, Southside, 4570

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