Sold: Lot 14, Bendigo, VIC
Major Regional City – Long Term Quest Location
The ideal property for investors wanting a steady income stream at an affordable price. Light and bright, north facing apartment features separate 2 bedrooms with ensuite to the master bedroom, built-in wardrobes, bathroom with laundry facilities, spacious lounge and dining room overlooking an outdoor patio, fully equipped kitchen, split cycle air conditioning, a car park on title plus an onsite pool and BBQ area.
|Apartment||Price||Status||Type||Gross Return||Rent p/w||Rent p/a|
|Lot 14||$250,000||SOLD||3 BR||7.87%||$378||$19,666.50|
Lease Terms: Lease to 29/3/2020 plus 4 x 5 Year options
Built-in 5% Rent Increases
Market Rent Reviews: every 5 years (next review due 2020)
Current Owner Outgoings:
Council Rates: $2214.55 p/a approx.
Water Rates: Paid by tenant
Body Corporate Administration fee: Paid by tenant
Body Corporate Sinking fund : $897 p/a approx.