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Duel Income $26,260 PA - That's a stunning 7.52% gross return
Two fantastic 1 bedroom studio apartments under the one title!
-Fully fitted out new in 2015.
-Separate service metering for each apartment (electricity, water)
-Both feature, 1 bedroom with large BIR's
-Separate R/c split air conditioning units
-Secure under croft car park for each unit
-Open plan living with modern kitchen and stainless appliances
-Very low maintenance in design and upkeep
-One Community fee for both apartments
-Close to local shopping district and public transport ( train & buses )
-Only 1 STRATA fee for both units
-Rented at $255 pw & $250 pw
-Excellent rental history, very much in-demand every time they hit the market ( they are never empty )
Could be converted back to commercial offices subject to council approval.
Costs - T1 & T2 Expenses
Lower percentage than single key apartment!
Water = $664.88 PA is 2.53%
Body Corp = $4,624 PA is 17.6%
Council Rates = $1,659.20 is PA 6.32%
For more details or a private inspection Contact Michael 0418 829 711
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