INVESTOR ALERT - GROSS 9% RETURN ON INVESTMENT
THIS HAS BEEN REDUCED TO SELL! So be the 1st to see this little gem at the new price! Set in a prime location in a quiet street and nestled into a corner block of land, with fabulous flow to the outdoor covered entertaining patio. This one level brick & tile property will appeal to a wide range of buyers, from retirees to first home buyers with a small family, plus investment buyers as it is currently rented out with a great return! This property is new to the market and will not last, the motivated vendor has priced to sell! This property features; - 3 double size bedrooms with double built in robes - 2 bathrooms (one is a semi en-suite) - 2nd bathroom with separate shower - Spacious lounge with flow to the easy care fenced grounds - Open plan dining space - Kitchen with breakfast bar, on gas - Separate laundry with shower - Solar panels installed - Lock up single garage - Open parking spaces for another 2 cars - Low body corp (approx $32 per week, including building insurance) - Set in a small boutique complex - Air-conditioning PROPERTY INFORMATION: Council Rates: $1,500 p.a. approx Council Water: $1,500 p.a. approx Built: 1992 INVESTMENT INFORMATION: - Currently leased on periodical leases at $640 per week with 4 tenants, self managed. - Gross Annual Income: $33,280 p.a. - ROI = $33,280 p.a / $369,995 PP = 8.99% Gross ROI - Low body corp (approx $38 per week, including building insurance) - Sinking Fund: $12,000 approx Minutes from to Harbourtown, Helensvale Westfield, tram and train station, schools and many local amenities. For information and inspection enquiry please contact Brad 0408 338 605, Wayne 0498 098 426. * denotes approximate measurements Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective buyers should make their own enquiries to verify the information contained herein.
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