Much, Much Better Return Than What The Banks Are Offering!!!
Banora Point
8/68 Darlington Drive
Sold
2
2
1
Property Features
- 20502124 Property ID
- 2 Bedrooms
- 2 Bathrooms
- 1 Garage
- Building Age Approx. 30 yrs
- Body Corporate Fees $737 Quarterly
- Rental Return $420 Weekly
- Rates $2,610 Annually
- Remote Garage Yes
Property Description
With an excellent long term tenant in place, this well presented low-set villa should have strong appeal to investors seeking solid bricks & mortar real estate producing strong rental returns. Presently paying $420 per week, the tenant has indicated he is keen to stay on after his current lease expires in late January next year. Based on the current rent and outgoings, the property is showing a healthy net return of around 4% which is more than double the rate the banks are offering on fixed term deposits. * Set in the popular and well kept Banora Palms complex. * Adjacent to Banora Shopping Village. * Short, flat stroll to Club Banora. * Tiled throughout except for the bedrooms. * Generous, covered alfresco space - great spot for the BBQ * Enclosed garden area. * High demand rental position and property. * Genuine vendors have priced to sell. " DO YOUR MATHS ON THIS ONE - YOU MIGHT BE PLEASANTLY SURPRISED!"
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