SALES

CURRENT PROPERTIES FOR SALE

Unit 345 – SOLD $346,000

  • 3 bedroom double storey townhouse
  • currently leased to excellent tenants at $380 per week
  • 5.6% p.a. gross rental return (potential 6.0% p.a.)
  • approximately 3.6% p.a. net rental return*

Unit 325 – SOLD $350,000

  • 3 bedroom double storey townhouse
  • currently leased to excellent tenants at $380 per week
  • 5.6% p.a. gross rental return (potential 5.8% p.a.)
  • approximately 3.6% p.a. net rental return*

Unit 62 – Contact agent for price (under contract)

  • 3 bedroom double storey townhouse
  • currently leased to excellent tenants at $370 per week
  • 5.6% p.a. approx. gross rental return (potential 6.1% p.a.)
  • approximately 3.6% p.a. net rental return*

Unit 229 – SOLD $285,000

  • 2 bedroom single level villa
  • currently leased to long term tenant at $320 per week
  • 5.8% p.a. gross rental return (potential 6.2% p.a.)
  • approximately 3.8% p.a. net rental return*

Unit 2 – SOLD (was asking $279,000)

  • 2 bedroom single level villa
  • rental appraisal $355 per week
  • 6.6% p.a. potential gross rental return
  • approximately 4.6% p.a. potential net rental return*

 

*after strata levies, rates & management fees deducted and based on asking/sold price (does not include any other expenses e.g. repairs/maintenance, landlords insurance)

Strata Levies $59 per week (all properties as of 1 April 2017)
Council Rates $2,357 per year (all properties as of 1 July 2016)