30/14 Sandpiper Place, Frankston VIC 3199

10% Rental Return, Real Cash Cow !!!

Are you unhappy of 3% low term deposit from Bank?

Are you tired of looking for new tenant frequently?

$119K price less than a car, but got massive 10% return, your own ATM.

Done, all yours, secured rental income $11,440 per annum, stable tenant who lived there for over 4 years is very tidy and clean, fully renovated student accommodation internal size approx 30 sqm, including:

Fully furnished as photos show
Renovated Kitchenette
Air-conditioning
Kitchen ventilator
Freshly painted
Built in Robes
Large bathroom
Quiet private courtyard off room
Communal Laundry
Off Street Parking
Large Common Areas

All annual outgoings approx: body corporate $3,618, council rate $485, water rate $667. Vacant possession is available in 60 days.

Located within a short distance to Karingal Hub Shopping Centre and Bayside Shopping Centre, close to local schools, shops, Ballam Park & public transport only a minute walk at the end of the street. Close to Peninsula Link, Frankston Beach only 20 min from Mornington Peninsula or 45 min to Melbourne CBD.