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INVESTOR ALERT!

15/3-5 Flynn Street Gympie, QLD, 4570

$0

Contact Agent

INVESTOR ALERT! INVESTOR ALERT! INVESTOR ALERT! INVESTOR ALERT! INVESTOR ALERT! INVESTOR ALERT! INVESTOR ALERT! INVESTOR ALERT! INVESTOR ALERT! INVESTOR ALERT! INVESTOR ALERT!
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* Modern unit, tidy complex, modern fit out, modern colours
* Two good size bedrooms with built in robes, ensuite to master
FOR SALE: Contact Agent

Investors should take note with this opportunity. Unit 15 is currently housing a great long term tenant through the NRAS (National Rental Affordability Scheme). Rent is subsidised for the tenant by both the state and federal government to approved tenants only. Subsidies are completely tax free. Do your sums and benefit from the return!

Property features:

* Long term tenant in place, NRAS approved, tax free income for investors
* Modern unit, tidy complex, modern fit out, modern colours
* Two good size bedrooms with built in robes, ensuite to master
* Large open plan living area with A/C
* Large kitchen with plenty of storage
* Ceiling fans to both bedrooms
* Stainless steel European appliances including dishwasher
* Designated laundry room with second bathroom
* Beautiful landscaped gardens including Rotunda
* Quiet location close to public transport, schools & shops
* Covered carport
* Low body corp and fees

Approximate current figures:

* Gross fortnightly rent $ 402.04 - MGMT fee $35.38 = Net $366.66pf ($183.33pw)
* 2018 tax free subsidy = $11,192.13 (Federal Gov $8394.10, State Gov $2798.03), paid to owner via cheque or tax return adjustment, 100% tax free, subsidy does require an $800.00 processing fee which is also tax deductible, CPI adjusted every FY
* Other costs inc: Rates approx $1500.00 per half, body Corp $856.40 per half, admin levy $900.00pa, sinking levy $520.00pa, insurance levy $292.68pa

Ideally situated close to town, schools and and public transport, this unit offer investors a great return. With next to no turnover within the complex the units are tightly held and therefore this is a rare offering. Contact agent John McEwan on 0413198385 for more information or to arrange a private inspection.

Contact:

John McEwan
0413198385
jmcewan@gympierealestate.com.au

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