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9% ROI -- Cash Positive Investment/ LIVE IN ONE & RENT THE OTHER FOR $250PW or Rent Both for $500PW
- 2 Beds
- 2 Baths
9% ROI Makes A Great Positive Cash flow Investment!
Lot 28 encompasses 2 units (55 and 56) strata titled meaning you own the building. With full onsite management and great care facilities has the tenants well looked after. rental yield returns around $23000 per year after management fees.
Each unit is a simple clean designed fully self contained unit with 1 Bedroom, Lounge, Kitchen, Bathroom, Laundry and patio at the rear. Tax deductible expenses include $5000 approx for Body Corps for both units plus general rates and water. Your net investment is approx $18,000 per year which works out at 9% return.
Come and check out this great Retirement Village by private appointment or through our open home.
103m² / 0.03 acres
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