SoldApr 24, 2014

1/28 King Street, Prospect, SA, 5082

Amount undisclosed

Studio

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Sold: Apr 24, 2014

What's around 1/28 King Street

2 Bedroom Unit

Located in a block of only 3 units, this property is awaiting your own personal touch to reap the rewards of an investment property or the first home buyer looking for an entry level home in the popular area of Prospect. Features include: - - Two double bedrooms - Open plan kitchen/dining - Kitchen with gas cooking - Polished floorboards - Wall air conditioning unit - Lock up garage under main roof Finance Snapshot INVESTORS - This property is positively geared and generates a nett income of $36 per week HOME BUYERS - Loan repayments are $258 per week Assumptions - Purchase price of $260,000 - Investors joint income of $100,000 - Interest rate of 5% at 80% LVR - Rental income of $260 per week - All figures are estimates for modelling purposes only and are after tax deductions and after property expenses Contact Johnston Grocke Finance Advisors for finance advice on 8303 0300

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