Open for Inspection Times
Units 10&11/4 Don Wright Ct, Andergrove, QLD 4740
Two One-Bedroom Apartments With Great Rental Return in Beautiful Over 55s Complex
Great investment opportunity in a beautiful, 38-unit over 55s apartment complex. Two units on a single title: Rent out both for an amazing 7.2% net return or retire in one and rent out the other. Two long term tenants are currently in place and paying $205/week each. That's $21,320 in rent per year! Body corporate fees are about $8200 and Council rates plus water ca. $3100 per annum. The complex has a beautiful garden, communal and dining areas and is located close to shops and other services. Provision of meals can be arranged upon request. See http://www.westminsterlodgemackay.com.au/ for more details.