Sold – Lot 903, Rockhampton, QLD
TOP FLOOR!!!
Young, modern and spacious, this two bedroom twin key apartment offer two bathrooms, lounge & dining room, stainless steel appliances, split system cooling & heating and balconies with river views.Boasting a large 100m2 in floor area.
Located on the Fitzroy River amongst the business, restaurant and entertainment precinct, Quest Rockhampton suits business and leisure travellers alike.
| Lot | Asking Price | status | Gross Return | Net Return | Weekly Return | Annual Rent |
| 903 | $428,550 | Sold | 6.90% | 5.99% | $568.00 | ($29,570 p/a |
Current rent: $568 per week- $29,570 per annum
Current Return: 6.90% Gross / Net 5.99%
Oct 2019- + 4% – 7.17% gross
Oct 2020- + 4% – 7.46% gross
Oct 2021- + 4% – 7.76% gross
Oct 2022- + 4% – 8.07% gross
Lease Terms: Lease to October 2023 plus 4 x 5 Year options
Rent Increases: 4% yearly with market rent reviews every 5 years (next due 2023)
Approximate Owner outgoings:
Council $2626 per annum
Water- (Included in Council) —— —–
Owners Corp Sinking Fund $1256.00 per annum
