Wellington Central 607/169 The Terrace

Massive Cashflow in the City - BEO $120,000

Sometimes the best things come in small packages!

No, this isn't a diamond ring, but it will make you much more money!

This bite-size apartment is just like a little slot machine... ching - ching - ching... thats the sound of the money rolling in each month.

This central city studio apartment has all the kit required for comfort, with all the convenience of an address on The Terrace. Walk to everything, right at your door step. Currently rented for $260pw, how can you go wrong? Relax and enjoy the ching - ching- ching of your bank balance as it g-r-o-w-s each week!

Rented for $260pw until December 2015 Open plan kitchen / living / bedroom Good natural light City views Safe & secure with stylish lobby area Massively popular rental zone Excellent cash flow RV $106,000 Rates $615.20pa Body Corp $2,718.56pa
CASHFLOW ANALYSIS:
Gross Rent: $13,520pa Less BC Levies: ($2,718.56) Less Rates: ($581.61) Net Rent: $10,219.83
This represents a massive 8.5% NET YIELD at the BEO price. With mortgage rates very low indeed, this is a truly set and forget positive cashflow investment.

Give me (Adam) a call today and come check out this little slot machine.

Property Information

• Floor area approx 20sqm