Investment Properties
SA - Great Price! Strata Potential
This property is located in one of the most desirable areas. Consisting of 2 units, one larger of 3 bedrooms and government rental standard and the other is 2 bedrooms, which we believe is also of a high standard. This property should be able to be strata titled. The bigger one should value up at around $180-190,000 on its own and the little one around $120,000. This is a divorce settlement and was appraised for sale at $250,000-$260,000 however, now has to be sold.
 Buy & Hold
 Development
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| Purchase Price: | $195,000 |
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| Possible Price: | $195,000 |
| Gross Weekly Rental: | $350-360/wk appraised |
| Council Rates: | $1,600 pa approx |
| Management Fees : | 10% + GST |
| Gross Return: | 9.3% |
| Population: | 3,500 |
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