New to the market and showing a current 8.95% gross yield. $55,380 per annum with direct costs of some $130 per week for power and cleaning plus normal rates, insurance etc associated with a body corp complex such as this.

Generally the demand exceeds the supply for this style of accommodation where each room is furnished and has its own bathroom. Kitchen and Laundry facilities are communal.

This unit has a fantastic afternoon sun orientation and seems easy to find replacement tenants as required.

Managed by our own Management Company, so this could be a seem less transaction providing a superior return on your investment with potential for capital gains in the future.

5 bedroom, 5 bathrooms, 1 kitchen, 1 laundry. Motivated vendor wants sold and will meet the market for a quick uncomplicated sale.