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Rivervale

INVESTOR OPPORTUNITY $148,000 - $180,000

26/1 Minora Place

PRICE REDUCTION - INVESTOR OPPORTUNITY AT 6.52% ROI!

OPPORTUNITY PLUS! With 6.52% return on investment this unit is in a prime location in the hub of an accommodation precinct at the riverside of Rivervale offering 41sqm 1 bedroom on the middle floor in a complex of 26. An investment plus with a strong rental yield, just off Great Eastern Highway close to Burswood Resort with great access to the airport, Graham Farmer Freeway and... just a few minutes to the Perth CBD. Securely leased to Burswood Lodge for 4 more years with another 5 year option, who are responsible for cleaning, furnishing and managing the short term accommodation. With the rent paid every month from the secure head company, there is nothing for you to do, just sit back and count the dollars and watch the investment grow. You don't even have to worry about a property manager. The current monthly rent is $919 per month plus annual CPI increases.
Call to arrange a private viewing today for your opportunity to secure this fabulous investment!

Property details:
Monthly income - $919
6.52% return on investment [aprox]
One of the lowest price units for sale in Rivervale
Ideal buy and forget
4 Year lease + 5 year option

Approximate Costs:
Council Rates - Annual: $1160 pa
Water Rates - Bi-Monthly: $378
Strata Fees - Quarterly: $430 inc sinking fund


Features

1

1

Property ID 18078795
Building Size 41 Square Mtr approx.
Air Conditioning
Balcony

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