Investment Properties
NSW -Block of units, new 3 x 3 year lease plus strata potential
8 x 2 Bedroom units all with lock up garages. Situated in a quiet area, approximately 10 years old. These units have long term tenants and are showing excellent returns.
These units are around 10 years old and have been built to strata specifications.
All units are currently leased by the department of housing, a new 3 x 3 year lease is about to be signed. All units are getting $180 per week and in the lease this will go up by $5 per unit per year. All units except one are occupied with elderly single ladies.
 Buy & Hold
 Development
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| Purchase Price: | $1,100,000 |
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| Gross Weekly Rental: | $1,440 |
| Outgoings: | $4,000 |
| Management Fees : | Self manage |
| Gross Return: | 6.8% |
| City Population: | 17,500 |
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