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Private inspection available Saturday 4 July 2020 between 12pm - 12:30pm. Ring to book your time slot now!
This property is available to inspect by private appointment only. Please contact the agent to arrange a suitable time. We ask that you do not attend the property if you have travelled outside of the state or overseas in the last 14 days, have had recent contact with someone that has been diagnosed with COVID-19 or are currently in self-isolation.
4 Strata Titled home units with 2 street frontages. Ideally located between Churchill and Prospect Road. A chance to buy income and potential!
- Rental return of $56,420 per annum
- 4x 2 bedroom home units - 2 upstairs, 2 downstairs
- Solid brick construction
- Recent upgrades including kitchens and bathrooms
- Split system air conditioning
- Currently fully tenanted long term stable management
- Rear carport access via Palmer Street
- Potential for further upgrade
- Land size 591m2 (approx.)
Phone today to arrange a viewing to secure 4 units in great Prospect location!
INVESTORS - This property maybe positively geared and generate a net income of $310 per week
HOME BUYERS - Loan repayments are $650 per week
oPurchase price of $1,130,000
oInvestors joint income of $110,000
oInterest rate of 3.18% at 80% LVR
oRental income of $1081 per week
oAll figures are estimates for modelling purposes only, including estimated tax deductions and property expenses. Ensure you seek your own individual advice.
Contact Riannon from Johnston Grocke for finance advice on 8303 0300
(You should assess the suitability of any purchase of the land or business in light of your own needs and circumstances by seeking independent financial and legal advice.)