Offers over $240k

2 Bed • 2 Bath • 1 Car

Main view of Homely retirement listing, Address available on request

Second view of Homely retirement listing, Address available on request

+20

Floorplan of Homely retirement listing, Address available on request

Third view of Homely retirement listing, Address available on request

+18

Address available on request

Copy address

Offers over $240k

2Bed
2Bath
1 Car

Retirement for sale

What's around Raceview

Get in touch with the agent to find out the address of this property

Retirement description

“Two Income-Producing Studios on One Title Over-50s Community Raceview”

Phone enquiries - please call 1300 594 794 and quote property ID 39791.

THE PROPERTY
Two self-contained studios on one title

THE INCOME
$910 per fortnight combined rent

THE COSTS
Body corporate: approx. $2,325/qtr
Rates: approx. $440.60/qtr
Utilities: approx. $245.15/qtr
Management: approx. $96.59/fortnight if used

THE VILLAGE
- Over-50s
- Gated community
- On-site management
- Communal facilities
-Pool
- Dining facilities
- Bus at the front
- Close to shops and medical services.

THE INVESTMENT OPPORTUNITY
The gross rent is approximately:
$47,320 per year.
At $260,000, that is a gross rental yield of about 18.2% before expenses.

DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.