$50 Per Week Positive Cash Flow, Purchase Price Under $340K
Property ID: 16335825
Purchase Price $335K
Rent (Until Mar 2017) $450 per week
Gross Yield 6.98%
Estimated Cash Flow Positive $51 per week*
* Positive cash flow
* Located in the city centre so these units have always been in high demand
* Has "walk score" of 98 out of 100 so your tenants will be able to walk to nearly everything they need, including many employment options
* Small complex
* Low maintenance.
Fully furnished and renting at $450 per week until March 2017.
Low maintenance, 6 year old unit.
2 bedrooms 1 bathroom and lock up garage
Air conditioning, open plan.
* Strong, diverse economy;
* $3 Billion has recently been invested into transport infrastructure upgrades;
* $350 million upgrading of retail centres has taking place;
* Strong population growth projected;
* Recently upgraded airport;
Buyer's Agency fee applies
Call Matthew Barnes on 0430 979 900 for further details.
* Figure is an estimate only based on 4.75% interest rate and the purchaser earning more than $87,000 p.a. Figures will vary for each individual's circumstances and you should seek advice from your accountant to obtain accurate figures for your personal circumstances.