Townhouse - Wallace Street Moorooka

Description

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Investor Alert - 2 1/2 bedrooms, 1 car lockup with remote and room for a scooter. Positive/Balance gear. Brand new 3 bed 2 story townhouse with 2 year guarantee rent of $500 pw (Paid Monthly). Put simply, if the tenant does not pay on time or even if there is no tenant, you still get paid market rent. You own it. I sublease it, I take the risk. You take the profits & maginficent depreciation benifits. At 7.5% interest it costs you $740 per week. The depreciation return is $210 & the tenant pays $500pw. As for the construction, built to resist cyclones with a steel frame & built to last, built for profit. Two outdoor decks plus privacy courtyard. Easycare tile floors to walkways, galley kitchen with underbench oven & 4 plate gas. Rent for 2 years and then move in. Sell or resign for another 2 years rental agreement underwritten by Peter Campbell.