Investment Properties
WA- Will cash flow at over $300pw
Will cash Flow around $320pw
Less than 10 houses available for rent in the town!
INVESTORS - Look no further than this immaculately presented brick & Iron property that features as the ideal blue chip investment property.
Leased until March 2010 to a local Govt organization, this renovated 4X1 home offers a well kept exterior, roomy internal living and highly desirable features.
Externally this corner block property is surrounded by lush feature gardens, offering all-day shade, plus a large below ground swimming pool with feature decking and adjoining entertaining area, complete with inbuilt BBQ and electric operated bar fridge feature. Relax by the swimming pool, surrounded by lush palms, a most desirable feature in the summer months.
Internally this fully air conditioned property offers an open plan modern kitchen and dining area, separate formal lounge room, renovated modern bathroom and four spacious bedrooms, all with BIR's.
Other great features of the property Inc:
- Side vehicle access and parking
- U/C carport with in-gate parking for extra vehicles & boat
- Lock-up garden shed
- Fully fenced secure yard
This property is exactly what companies are looking for on the premium leasing market and will prove a popular and contested property for many years to come. This ideal investment property comes pre-leased at an outstanding return of 11.1%.
 Buy & Hold
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| Purchase Price: | $699,000 |
|---|---|
| Gross Weekly Rental: | $1,500 |
| Council Rates: | $1,800 pa approx |
| Management Fees : | 8.8% |
| Gross Return: | 11.1% |
| Population: | 15,000 |
Whilst care has been taken in the production of information and the information contained has been obtained from sources Australian House Hunters believes to be reliable, Australian House Hunters does not warrant, represent or guarantee the accuracy, adequacy, completeness or fitness for any purpose and will accept no liability for any loss incurred in any way what so ever by any person who may rely on it.
