Unit for Sale
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Rental Property That Consistently Pays for ItselfProperty ID 1702716Some investment properties always perform better than others and here is a great one for your portfolio.
This is a tidy three bedroom townhouse that is a solid investment returning $14,560 p/a. That translates to a cool 9.15% return on the asking price. You won't get that sort of return from the bank!
This townhouse has been owned by the same investor for nearly 20 years and has always been a profitable investment. Reluctantly they are looking to free up funds to start a new adventure so they ave decided to sell this investment.
This townhouse is in a gated community with a six month lease in place until December at $280 per week and the tenants are already talking of extending. With a lovely swimming pool, nice grassed area behind the townhouse and being situated in central Cannonvale, it is always an easy renter.
Low body corp fees with on-site management to ensure this property makes money for you.