Investment Opportunity not to be missed
Located in the southern end of Kooringal, close to schools and shops, this two bedroom unit has a generous living area plus a sleepout. The parking is off street, and the property is rented until April 2014 at $250 per week, with the current tenant keen to stay for a few years. At list price, it ticks all the boxes for the astute investor with a GROSS return of 8.13% (or net of rates and strata 6.64%).Strata fees currently $1297.60 per annum Rates for 2012/2013 are $1124 per annum.
Lot/Plan No: 2/SP31325