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Lot 21, Portland, VIC

Lot 21, Portland, VIC

7%  2 Bedrooms 1 Bathrooms 1 Garage

Located right in the heart of Portland and withing walking distance to the Percy Street and its various shops and eateries, Portland foreshore beach, Marina and the the port of Portland with its constant stream of cargo ships carrying everything from Aluminium to Logs.
The apartment is a standard 2 bedroom, 1 bathroom apartment with full kitchen facilities, car park on title and a private courtyard.

Lot Asking Price status Gross Return (01/07/2018) Net Return Weekly Return Annual Rent (1/07/2018) Statement of Information
21 (Apt 116) $214,600 Avail 7.00% 5.46% $288 15,026.25 p/a PDF

Price: $214,600
Rent as of 1/7/18: $15,026.25
Current Return: 7% Gross / 5.46% Net
Increases as follows;
1/7/19: $15,627 / 7.28% Gross
1/7/20: $16,252 / 7.57% Gross
1/7/21: $16,902 / 7.87% Gross
1/7/22: $17,578 / 8.19% Gross
1/7/23: Market Review

Approximate Owner Outgoings:
Council Rates: $1438
Water Rates: $1000
Body Corp Admin Fees: Paid by Quest
Body Corp Sinking Fund: $880.10

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