Apartment for Sale
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7.5% Potential Returns Owner Says Just Get it SoldProperty ID 1429956Here's a bargain which can't be passed up! With instructions from the vendor to just Get it Sold, means for you, easy money made!
Currently included in the Mantra Pandanas pooling agreement, this one bedroom fully furnished and equipped studio apartment made a whopping $25,775 income in the last financial year, that's a gross return of 7.5%!!!
The extra benefits of this unsurpassable investment, are that you can also enjoy a deduction of 4% depreciation on all building costs from your tax!
Located on level 8, this is the best and cheapest corner unit, not only on this floor but in the entire complex!
Want to live in a central CBD location with water views for $340,000? With the 90 day exit clause, you can do just that!
Be first in best dressed and grab hold of this deal as it will be quick to go!
* Currently leased to the Mantra Pandanas in the hotel's pool agreement.
* Average of 7.5% returns plus flexible owner occupancy or private leasing alternatives
* 4% depreciation per annum on building costs
* 260 degree sparkling ocean and city views from spacious balcony
* Offered fully equipped and with modern stylish furniture, air-conditioning & BIRS
* Resort style swimming pool with waterfall feature, 24 hour gymnasium facilities & Day Spa
* 24 hour reception and on-site management
* Popular gourmet deli and in-house restaurant located on the ground floor
* Walk to anywhere location, transport, shops, supermarkets, restaurants, pubs, entertainment centre, Esplanade, Waterfront & Wharf precinct
please call Irene Petrakis 0431 406 183 or Nick Syrimi 0412 537 638.
Year Built: 2008
Area under title: 64m²
Body Corporate: Whittles
Body Corporate fees: $1,131 per quarter
Council Rates: $1,319 per annum
Easements: None found
Rental Income: approx. $1,500 - $3,000 per month (depending on peak and off peak seasons)