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Looking for a hands off investment with good returns- This is definitely worth a look.
One bedroom city pad with car park.
Well-designed layout with separate bedroom and good storage.
West facing with a balcony for great afternoon sun. Easy access by car from the motorway.
Short walk from Lambton Quay, the waterfront, city shops and cafes.
Rented, at a guaranteed rent, and agreed increase every 2 years, with a buyer enquiry over $385,000 this makes good sense.
Key features include
• Open plan living/dining/kitchen
• Modern bathroom
• Well run body corporate
• Secure entrance lobby
• Access to gymnasium and swimming pool facilities within the building
Body Corp fees: $4,975.48 unit and car park
Rates: $4,671.10 unit and car park
Previous Annual Income: $25,217.40
Current income is $2,513.22 plus GST per month
The current rental review is every two years with the next review 1 October 2021
The rent will increase 2% according to the vendors records
Buyer Enquiry Over $385,000
Great opportunity for investors.
Access is limited so contact Katie on 027 248 2061 to secure a viewing time.