Set in a 30+ apartment complex and with an ocean view from your front door this is a fantastic place to start your rental investment portfolio. A tenant has just moved in with a lease until January 2024 at $220 per week. The current quarterly Strata fees are presently at $350 so your outlay would be minimal. Contact exclusive listing agent Mike Paterson on 0408 953 962 for more information.
• Strata fees $350 per Quarter
• Shire Rates $1,550 per Annum
• Water Rates $985 per Annum
• Rent return $11,440pa equates to just over 8% gross return on investment.
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