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SOLD
2 Bed
1 Bath
1 Car
2 Bed
1 Bath
1 Car
Located in the ever-popular Mahomet's Flats; this well presented two-bedroom, one-bathroom unit offers the lucky buyer a secure tenant.
With a GROH lease in place until 31st May 2024 and at a rental return of $320 per week, which offers a gross return on investment at approx. 6.7%.
Located in a quiet cul-de-sac, so close to the ocean, city centre and all amenities, this is an opportunity for investment, not to be missed!!
Council Rates $2,200 per annum approx. and Water Rates $1,395 per annum approx.
Asking only $245,000; please call the Exclusive Agent Jim Quinn now on 0412 991 442 to arrange your viewing.