Crofton Downs 16 Chartwell Drive
Sold
$605,000
Two Big Flats - Massive Cashflow - Low Maintenance
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TWO BIG FLATS - MASSIVE CASHFLOW - LOW MAINTENANCE
Some properties just scream "PURE INVESTMENT" at you.
If you are thinking property investment, there are several things to consider:
HIGH DEMAND LOCATION - so you don't lie awake at night, when it falls vacant, wondering when new tenants will sign up and start paying the rent STRONG INCOME - to make sure your cashflow is good, enabling you to hold on to the property during good times and bad LOW MAINTENANCE - so your net return is healthy and your time isn't eaten up with maintenance work LOW EFFORT - to make sure your time isn't wasted on the small stuff, freeing you up to do what you want to do FEE SIMPLE - so you are in control of your real estate asset MULTI-INCOME - to make sure the chance of nil income is minimised
TOP FLAT
4 double bedrooms 2 bathrooms New carpet Separate laundry Open plan kitchen / living Ventilation system Currently vacant Appraised at $500-525pw
BOTTOM FLAT
3 double bedrooms 2 bathrooms Recently refreshed inc new carpet Separate laundry Open plan kitchen / living Ventilation system Currently vacant Appraised at $400-425pw
PARKING:
2 x single garages Off street park in front of each garage
Total Appraised Rent: $900-950pw
Rates: $2,955.05pa
2015 RV: $570,000
With schools, trains, supermarket, cafe, town belt all nearby, there is plenty on offer here for you and your tenants.
Money is cheap, and the rental market remains strong.
Contact Adam today and be ready to take one step closer to retirement!
Property Information
- Floor area approx 180sqm
Property Features
- Garages 2
- Uncovered Carspaces 2