INVESTORS: TWO INCOMES - AWESOME CASHFLOW!

ONE OPEN HOME ONLY

You do the numbers...
* Rent: $740pw ($38,480pa)
* Price: BEO $389,000
* Gross Yield: 10.0%
* NET Yield: 7.7%
* Catch: None

This is a dream investment property, for savvy investors looking for big cashflow, two incomes, central city location, in a modern purpose built building that is fully compliant with the latest building and earthquake requirements.

This property consists of TWO self contained apartments on one title - a 1-bedroom apartment plus a fully furnished self-contained studio apartment.
(PHOTOS TAKEN FROM A SIMILAR APARTMENT IN THE SAME BUILDING)

Tenants love modern central city apartments - they are close to everything, they are new and clean, and they are warm. In addition, one bedroom and studio apartments are hugely popular with young professionals who want location and privacy.

DETAILS INCLUDE
* Apartments 10.05 & 10.05a
* 1-bed apartment rented for $410pw (power included)
* Studio apartment rented for $330pw (power included)
* Total rent $740pw = $38,480pa
* Each apartment has a private deck
* North-West corner for great light, sun and views
* Superb central location, between Courtenay Place and the Cuba St precinct, with multiple bars, cafes, restaurants, cinemas, the CBD and waterfront just a short walk away
* The new Lighthouse Cuba cinema and the Havana Bar are both on Wigan St, about 100m away
* 2012 RV $400,000

CASHFLOW:
* Rent: $38,480pa
* Less BC levies: $5,425.56pa
* Less rates: $1,763.34pa
* Less power: $1,376.56pa (last 12 months)
* Net Income: $29,940.10pa

This apartment produces fantastic positive cash-flow (7.7% NETT YIELD at the BEO price), in an awesome high-demand location, in a fully compliant building. It is a truly set-and-forget investment.

With interest rates still at very attractive levels, this property should deliver a steady stream of cash into your bank account!

Contact me (Adam) for more information, or to view, today, and get ready to retire!