"SUPERB GUARANTEED INVESTMENT PROPERTY TORRENS TITLE"
4 bedrooms, 2 storey brick duplex, all bedrooms with B.I's, ensuite in main, 3 toilets, gas h.w.s., combined lounge/dining, tandem garage, metal pergola, good backyard. Land 287m2
Total size:176m2
Council: $902.97pq Water:$500.00pq
PROPERTY LEASED TO AND MANAGED BY DEFENCE HOUSING AUTHORITY(GUARANTEED RENT)
Leased until 2008 with 3 year option
D.H.A. responsible for certain aspects(but not all) repairs and maintenance of the property including where necessary of fixed appliances forming part of the property.
The Defence Housing Authority guarantees:-
To repaint the property internally at expiry of 6yr. lease(2008)
Recarpet the floors(2008)
Repaint external surfaces(2008)
FINANCIALS
Current Rent***$470P.W. $24,440.00
Outgoings(Approx)
- Management Fee Payable to Defence Housing Authority(16.5%) $ 4,032.60
- Council Rates $ 902.97
- Insurance $ 449.22
- Water Rates Estimate $ 500.00
Total: $ 5,883.79
Net Income: $18,556p.a(3.1%p.a)
+ Depreciation Add back as per Schedule for 2008
Est. $ 4,562.00
$23,118 (3.8%p.a)
From BMT & Associates Report prepared
12 Dec. 2001.
Rent is reviewed annually on 31st December of each year and can never be less than current rent.
For full particulars and to arrange inspection contact Conor Arnold L.R.E.A. 0418 215 212
E.& O.E.
Features
Built-In Wardrobes
Ensuite 翻譯中文