Annual return of $118,040...fully rented on long leases
3 x 2 bedroom and 5 x 1 bedroom apartments.
On one title, one set of rates, no body corporate fees
Zoned medium density residential
Land size 916m2...approx 50m X 18m
In growth area, close to transport, shopping, schools and the beach.

GCCC Rates $7783.5 approximately per 12 month period
Water Rates $6960 approximately per 12 month period
landlords building insurance of $4830 approximately per 12 month period

Stunning investment, beat the banks, put your money here and get an income with rental and property growth.

PLEASE NOTE: WHEN THIS PROPERTY IS OPEN FOR INSPECTION IT IS UNDER CONTROLLED CONDITIONS
* If you are unwell or have cold and flu like symptoms please do not enter the property.
* No more than 50 people (including the agent/s conducting the inspection) are permitted within the property at the same time
* There must be at least 2 square metres of space for each person present in the property
* Social distancing of 1.5m should be observed at all times.
* Please refrain from touching or contacting hard surfaces such as door knobs and benchtops.
Our first priority is everyone’s safety.

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We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.