Sit Back and Watch the Money Come In
This 2 bedroom townhouse is currently leased and managed by Quest Apartments offering a secure 5+5+5+5 year lease from 1/1/2009. The suite is being used as the office for the complex and is set in the stunning Mews complex adjacent to Sovereign Hill, this charming 2 storey townhouse offers 2 bedrooms, modern bathroom, spacious living area and well-appointed kitchen and comes with its own carport. The central courtyard provides a delightful outlook with added security. The current rental of $15,999 is increased by 4% annually. With these figures in mind it could have the potential to return a whopping 6.9% (depending upon buying price). This is indeed a rare investment opportunity you will want to add to your portfolio.