Rare package offers worry-free investment
This combined sales package includes a one-bedroom self-contained apartment and a self-contained bedsit, situated side by side with an adjoining door.
It’s a worry-free investment, perfectly suited for the out-of-town investor.
The properties are leased to the Best Western hotel chain until 2018. The lease is in the favour of the owner, where the leaseholder pays all outgoings (including but not limited to, advertising, rates, insurance, pest control, utilities, garden upkeep and replacing furnishings if required).
These properties have a combined income of $2477 a month, which equates to an 8.7 per cent return on investment.
The perfectly positioned complex is located in the CBD.