ALDERLEY APARTMENTS

Description

Unit 3 is at the rear of a block of 6 units away from the traffic noise yet the balcony overlooking tree studded SEDGELEY PARK, the home of the Newmarket Pool (entrance via Alderson Street).
Well maintained by Body Corporate
Stroll to choice of: Newmarket or Alderley Stations with regular bus services at the door.
Car accommodation will fit 2 small cars plus laundry.
Features: Fresh paint, eat in kitchen with ceramic tile floor, dishwasher, gas hot plate/ oven and open to rear.
Lounge also with ceramic floors. Double doors open to side balcony.
Two queen size bedrooms, both with built in robes, divided by a central bathroom.
Ideal floor plan for privacy for a share arrangement
Approximate costs:
Body Corporate Sinking Fund: $1,040.00
Administration Fund: $1,889.00
Council Rates: $1,000.00
Agent Fees: $1,280.00
TOTAL COSTS: $5,200.00
Interest at 5.5% $17,710.00
RENTAL INCOME $17,680.00
Rental Income Guaranteed at $340per week for two years, by Peter Campbell Realty
Buy below the Alderley median unit price of $425,000
Enjoy: Cash flow positive: 5.5% Yield in a postcode with a 6.5% annual growth over the past 5 years
Available for Inspection by prior appointment over Easter
Text Peter 0418 774 663 to arrange an appointment