Description
Owner wants out and will look at all offers! This chalet located in the successful Golden Door Health Retreat in Willowvale offers investors a very rare positive geared investment with a secure income source. The Golden Door is your tennant by way of a 2+5yr registered lease which means it is permanently tennanted and you cannot live in it yourself. Payments are transfered to you monthly - your only outgoings are the Body Corp and Council rates so just sit back and enjoy the cash. As a bonus, you have the option of staying in it for 4 weeks of the year without affecting your lease income. Do your sums and take advanatge of this rare opportunity. Monthly Income = $968.71 Less Expenses Management Fee = $303.42 Body Corporate: = $55.15 Council Rates = $94.05 Monthly Nett Income = $516.09
Was for Sale
- Publish Date: 09-11-2008 14:47:20
- Contact name: Edgar Natolo
- 108 times displayed
- Location: Australia
- Business: Natgroup Real Estate
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- Price: $89000
