Investment Properties
QLD- Units built to strata
Quality 4 x 2 bedroom units in a central location, open plan living with built in kitchen cupboards, storgae cupboards, security screened, lockable garages, always rented with long term tenants and in excellent condition. Close to Woolworths and the east end centre.
This block of units is 16 years old and has been built to strata standards. The agent has given us a written sales appraisal of each unit being worth $260,000 - $275,000.
There is not much movement in price as there has been so much interest in the property.
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 Development
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| Individual resale 2 bedrooms: | $260,000 |
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| Population: | 9,000 |
| Gross Return: | 5.7% |
| Management Fees : | 8.8% |
| Council Rates: | $4,781 pa approx |
| Gross Weekly Rental: | $920pw |
| Purchase Price: | $829,000 |
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