2/379 Mayers Street, Edge Hill QLD 4870

The numbers that matter:

- Currently rented at $385pw till Jan '23
- BC fees approx. $3500pa
- Council rates approx. $2600pa

That's correct. Over a 7% Net Yield and rented to an NDIS provider. Property comes furnished and was previously used as an AirBnB until the pandemic stopped that.
Arguably, it is now providing a better return for the owners. The kitchen and bathroom were updated a couple of years ago and a new aircon installed last year. The unit is in good condition and kept well by the tenant.