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    • About this property
    • Explore Centennial Park
    • Invest in the Best

      Property ID 1735161
      This well known and well patronized holiday resort in Albany has individual owners that then lease back to a very well organised management with an income of $1103.00 per month. This would have to be the easiest property you could own. Providing 2 bedrooms open plan living, this particular unit has just been completely renovated including new kitchen & new bathroom. With absolutely nothing to do but receive your income each month regardless of occupancy. This unit has a lease in place till 30th May 2019 with another 7 year option.
      Outgoings are land rates $1122 & water rates $$$$.
      Maintenance fee $1264 per year
      Common ground fee $1600 per year
      As this is classified as holiday accommodation there is opportunity to depreciate at 4%.
      Call Jackie Cowley at Ray White Rural 0408427554 Email