The ideal position of this property will always help to protect your investment. This apartment had approximately a 5.2% return on the asking price of $365,000 for the 2017-2018 financial year with a net income off approx. $19,300. Located 150 metres from beautiful Four Mile Beach and 50 metres from the restaurants, bars and shops of Macrossan Street, this spacious dual key apartment is sure to appeal to the astute investor. Holiday in your own investment apartment up to 6 weeks per year.
Consisting of one studio apartment (21B) with it’s own balcony jacuzzi and kitchenette PLUS a large one x one bedroom apartment (21A) with a full kitchen, luxurious en suite bathroom and shady balcony with it’s own jacuzzi.
With easy access via a lift, this first floor apartment looks out over one of four magnificent lagoon style pools. Enjoy a barbeque and drinks with friends in one of the poolside gazebos. Note; Photos include one of Four Mile Beach. Please call Greg Brown on 0472525250 for more information or to arrange an inspection.
|R&H Suburb Summary||Houses|
|Number of sales||44|
|Median Rental Price||$550 p.w.|
|Change in Rental Rate (5yr)||15 %|
|R&H Suburb Summary||Units|
|Number of sales||221|
|Median Rental Price||$340 p.w.|
|Change in Rental Rate (5yr)||6 %|