For Sale

7/291 York St

Sale VIC 3850

Property No. 6096 7/291 York St, Sale, VIC 3850

  • 2
  • 1
  • 1
  • Apartment

Open for Inspection Times

7/291 York St, Sale, VIC 3850

"Last chance investment" at this low price point, AND est. Net Yield 9.5%! 2 titles.

28/291 York St, Sale 3850 To be negotiated at a price point above $130,000, - Separate title for 1 car park INCLUDED! This, refurbished, 2BR Apartment on the ground floor is in superior condition to most others in the block of 42. Sought after conveniences abound - public transport nearly at the exit, situated on the fringe of Sale CBD, This has to be the most cost effective apartment in a country city. Currently rented out at $300pw, an incentive discount for early payment of rent installments is allowed to the renter. It reflects a potential NET return of $12,590 after allowing for mandatory outgoings listed below, (or 9.5% NET YIELD on a hypothetical purchase price of $132K). In addition there has been above average capital growth in the last year. Approximated outgoings are - Rates $860pa, Body Corp fees $1,200pa (includes building insurance), and water supply $985pa. This property has - 1) A back entrance with body corporate maintained gardens. 2) New tiled floor - in the interest of easy clean up and avoidance of tenant damage. 3) Recent window furnishings throughout. 4) Recent interior re-paint 5) Built-in Robes in both bedrooms - floor to ceiling double width. 6) One car space on separate title is included. The transaction would be handled by a conveyancer. Section 32 vendor statement is available. Vacant possession or with renter both options available. No agents, sold by owners direct. Contact Johann - 7 days/8am-8pm - for inspection, information & negotiation.

General Features

  • Property Type: Apartment
  • Bedroom: 2
  • Bathroom: 1
  • Building Area: 104 m² (approx)
  • Living Areas: 1

Indoor Features

  • Built-in Wardrobes

Outdoor Features

  • Parking Spaces: 1

Eco Friendly Features

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