Yes that is correct with this 1 bedroom apartment in Quayside Mantra in Port Macquarie, a Net Return of 5% based on the 24/25 financial year income details at the list price of $375,000.
Whether it might be your first time investment purchase or you are already a seasoned investor, this 1 bedroom apartment in Quayside Mantra is a good income generator.
The complex enjoys well versed hotel management and staff who will look to maximize your income and returns. This then, has contributed to a 4-Star rating (through ACCOR) and also features secure car accommodation, a wonderful heated rooftop pool, fully equipped gym, BBQ facility & spa.
Have you been looking for that investment and the numbers just don't quite gel right for you? Then no need to look further than this 1 bedroom apartment in Quayside Mantra, in the CBD precinct, facing North getting a very nice river view as well.
This investment is perfect for the first time investor or those well-seasoned and have cash sitting in a SMSF. A nice income stream to be had.
Owners may enjoy 2 weeks per annum for that well deserved getaway.
For more details contact Greg on 0411 440707
Rates - $1,900pa
Strata - $2,006-13qtr
