REGIONAL CASHFLOW, 15% RETURN & MANUFACTURED GROWTH DEAL
The finders fee for this deal is $5000 on exchange of contract.
LOCATION: Regional NSW Town
PROPERTY: On 1612m2 this property consists of 2 x 2 bedroom units and 2 x 3 bedroom units.
The two x 2 bedroom units are leased to a mining company at $200p/w with the intention to resign again.
The two x 3 bedroom units are leased to a second mining company at $290 p/w with the intention to resign again from August 2017.
The units are fully furnished with a kitchen, laundry and bathroom, built-in robes, 3 split systems in one unit, ducted evaporative air conditioning in the rest plus individual carports. The units also have solar panels.
Water is on one meter. Electricity is separate.
LISTED PRICE: $320,000 (very negotiable according to the Agent).
POTENTIAL: Renovate the units and increase the rents.
CONTRACT: We have a copy of the Contract on this property. Please let us know if you want a copy.
CURRENT RENT: $980 per week