Neat and simple property to own or a great rental property. The courtyard and having its own washing machine is the drawcard.
Currently, has a tenant paying $230 per week with the lease to expire Dec 2020. There is no separate water metering, the consumption is paid and budgeted via the strata levy.
- Air conditioner in the bedroom.
- Gas stove and electric oven.
- Washing machine included.
- No carpet.
- Water consumption paid via the levy.
Council Rate = $1,288 p.a. (approx.)
Water Service = $$828 p.a. (approx.)
Strata Levy = $330 p.q. or $1,320 p.a.
Strata Reserve Levy = $44 p.q. or $176 p.a.
Rental Income 52 weeks = $11,960
Less Rates, Service and Levy ($3,610.79) = $8,349.21