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306-310 James Street Harristown QLD 4350

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5 5 0
From $101,000

5 Units For Sale From $101,000-

306-310 James Street, Harristown
HIGH YIELD INVESTMENT !
Returning an amazing 12.5% gross.
And returning an unbelievable 5.3% net.
(after body corporate fees, rates and management costs are deducted).
FABULOUS LOCATION !
Right opposite Clifford Gardens Shopping Centre !
SECURITY OF RENT RECEIPTS !
These strata titled units, designed for seniors, are all currently tenanted with rents paid directly to the managing agent by CENTRELINK !
EASE OF MANAGING YOUR INVESTMENT !
The managing agent then pays the body corporate fees and rates on the owners behalf and DEPOSITS THE NET AMOUNT into the owners bank account each fortnight.
BETTER THAN A HOUSE OR DUPLEX !
With a house or duplex your tenants are constantly changing every 3 to 6 months lease and when you loose your tenant and have difficulty replacing them, there goes your income. With strata units specifically designed for seniors, your tenant tends to move in at 60 or 65 and stays for the next 10 or 20 years until they move into a nursing home, therefore treating your investment like their own home (less wear and tear) and if you do loose a tenant (from 5 units) you've only lost 20% of your income (diversification) !
These units (being units:- 1, 3, 5, 15 & 29/306-310 James St) are offered individually from $101,000-
OR
AT A SPECIAL PRICE IN ONE LINE OF FIVE (5) returning $1,250- per week at $505,000- for the lot.
STRATA TITLED !
They comprise 1 bedroom, 1 bathroom with laundry and open plan reverse cycle air-conditioned kitchen/lounge room.
CLEARED RETURNS OF 5.3% !
The body corporate fees are $3,600 per annum per unit, plus council and water rates of approx. $2,000 per annum per unit. LEAVING YOU WITH AN AMAZING 5.3% NET !
Call today and arrange an inspection, you'll be very glad you did.
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Last updated 02:50AM on Aug 14th 2018
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RE/MAX Success Toowoomba

200 Hume Street
Toowoomba QLD, 4350

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More property from RE/MAX Success Toowoomba
290 Redgum Road27 Donely Street254 Tor Street306-310 James Street James Road5/530 Bridge Street
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RE/MAX Success Toowoomba

200 Hume Street
Toowoomba QLD, 4350
More property from RE/MAX Success Toowoomba
290 Redgum Road27 Donely Street254 Tor Street306-310 James Street James Road5/530 Bridge Street