FREEHOLD - Current NET Return on Investment of circa 6%!
Freehold and seriously for sale. Instructions from vendor are clear - "Do what you have to, I need this sold!"
If you've ever played Monopoly, you'll be familiar with Old Kent Road -cheapest property on the board but a great little earner. This is no different - due to its outstanding location and relatively low rent, tenants are all over it. Perfect for students, be it your own or tenants:
Mum and Dad with kids going to Uni this is perfect. Currently Tenanted until 11 Feb 2020 at $400 per week, tenants leave just in time for University Semester One starting 24 Feb 2020 - pay your own mortgage not someone elses and be left with a killer investment.
â˘Freehold
â˘Outstanding return on investment
â˘Excellent location
â˘Current rent - $400 per week until February 2020
â˘Rental appraisal - $400-$420 per week
â˘Rates: $1,046.75
â˘Body corporate fee: $2,226.88
The vendor needs there money elsewhere and unfortunately for them, it means this little money spinner must be sold! At this price it is first in first served, you won't even need to view as the numbers talk for themselves.
Call us today for full information pack.