Investment Properties
QLD-Great Buy
This property is a great price in this market. There has been a lot of movement in the last 2 weeks in this area.
This property has just come on the market with another agent, I have had our agent drive past and she said the property looked excellent.
Three good size bedroom, all with robes and box air-conditioners.
Lounge is spacious with big split system air conditioning to service all main living area. Dining room is separate with lovely polished timber floors that flow on through the kitchen area. Bathroom has shower over bath, timber finished corner vanity plus big linen closet. Good quality timber slat blinds to most windows throughout. Front patio is protected with roll down all weather blinds
Under house legal height, giving opportunity to build further accommodation or granny flat. Downstairs covered entertainment area also protected with roll down blinds. Stand alone donger comes with the home, (powered), can be used for extra bedroom. Company lease in place at $900 per week to 24th December 2009.
 Buy & Hold
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| Purchase Price: | $440,000 |
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| Gross Weekly Rental: | $900 |
| Council Rates: | $1,500 pa approx |
| Management Fees : | 8.8% |
| Gross Return: | 10.6% |
| Population: | 4,500 |
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