Property for Sale in Cloverdale, WA 6105
$450,000
Astute Investors >5.6% rental yield, very low expenses
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6% gross rental yield, extremely low expenses.
Ground floor, 1 bedroom 1 bathroom apartment in a secure complex of 8 only.
Currently tenanted for $520 per week, $27,040 per year. 5-year continuous rental history available.
Fully furnished, dishwasher, washer, fridge, A/C plus furniture all included in ownership transfer.
Hardy 30mm stone bench tops throughout the kitchen, bathrooms and laundry and hardy Laminate timber flooring. Allocated parking bay, and undercover alfresco.
CCTV and secure gated electronic entry further reducing insurance premiums.
Very low strata fees on this owner-managed strata, approximately $150 per quarter currently.
Water service is approximately $200 every 2 months.
Electricity usage and service are covered by the tenant
No gas connection to the premises which means no gas bill.
Council rates are approximately $350 per quarter.
Depreciation reports can be included on request.
A full renter ledger can be provided on request.
Please contact the agent for further information, the current owner is happy to answer questions.
This is a true 'purchase and leave' property with a guaranteed return.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.