GET THE BEST OF BOTH WORLDS!!! This split level terrace offers a quality property and secure lease! Set in a convenient position within a well maintained complex of 22 strata suites set around a large communal courtyard with manicured gardens the property is leased to a good quality tenant on a secure lease and is well placed to enjoy high occupancy due to its unique and creative vibe, location and endless features.
Key features:
- 74sqm split over two floors + 2 secure car spaces on title
- Quality fit out with flexibility for a range of uses
- Self contained with internal kitchen and bathroom
- Independent air conditioning
- 2 year lease to Feb 2015 + a further 1 year option.
- Annual increases of 4% or CPI (which ever the greater)
- 3 month security bond
- Room for rental growth from $290/sqm p.a.
- Low outgoings of under $60/sqm p.a. + GST
- Current net income of approx $23,117.88 p.a.
- Perfect entry level or SMSF investment.
Act quickly to secure this quality offering.