Berhampore 13 Palm Grove

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$172,500

Cheap As Chips in a Refurbished Building

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CHEAP AS CHIPS IN A REFURBISHED BUILDING

PRICE $180,000 (no, that is not a typo!)

My vendors are based in Aussie, they want this apartment sold NOW, and their intentions are made abundantly clear in the price. At just $180,000 this must be the best priced entry level first home or investment property in a comparable location and condition. You must check it out - hesitate and you will probably miss it!

Located extremely close to the Berhampore shops and bus stops - so convenient for your daily needs, but situated back from the main road to minimise traffic noise. The entire building has recently (2012) been refurbushed, including a complete re-clad, giving you total peace of mind. Plus, it looks great! This renovation - especially the brand new and compliant re-clad - is a huge bonus. This would have been a very expensive project that you will benefit from significantly. Single car space - you won't need your car much in this location, but it is just downstairs when you do. Modern open-plan kitchen flowing to the lounge / dining. Balcony enabling you to open the doors and get outside when the weather is inviting. 1 double bedroom with good storage, nice outlook and great morning sun. Office / guest room / second bedroom. This is an internal room borrowing light from the lounge. Very well presented and maintained. Body Corp fees $2,550pa 2012 RV $175,000 Rates $1,195.48
FIRST HOME BUYERS:
Do the numbers - at todays extremely low interest rates, you can lock in a mortgage for 5 years for as little as 5.99% (as at 29 Jan 2013 according to www.interest.co.nz/borrowing/mortgages) . This means you can borrow the entire asking price and your interest costs are just $10,782pa. Well under $1000 monthly. Stop paying your landlord and get onto the property ladder now!

INVESTORS:
You can do the same numbers - this extremely affordable, entry level investment should happily pay for itself, even with a 5 year fixed mortgage. If you go for a shorter term, the numbers look even better.

If you are looking for a highly affordable first home or investment, in a very convenient location, with the peace of mind that comes with the refurbishment and new cladding, this is an opportunity that demands your attention. Call me (Adam) today to view, and bring an offer, before some other astute buyer steals it from under your nose.