Long company lease, fantastic tenants plus generous depreciation benefits of up to $13,000 in the first year makes this a very attractive blue chip investment for the most fastidious investor. A greater return comes upon the rental review that will show a 10.7% plus return.
A near new 4 bedroom, 2 bathroom house becomes available with security and very low maintenance for the investor who just wants to buy a no fuss, positive cash flow property and move onto their next project. The owner says sell, its time to move on due to commitments down south.
Does this tick all the boxes for the astute investor? I think so.
- 4 x 2 custom orb house new, clean and fantastic tenants
- Air conditioning throughout with splits to all bedrooms
- Clean vinyl floor coverings to living areas with tiled wet areas
- Trendy window treatments to living and bedroom areas
- Full secure cyclone shutters to all windows and doors
- Nestled in a complex of 6 similar properties with little common areas
- Leased to the police force, a safe secure investment with great returns
- Shaded pergola areas to rear of house and carport with extra parking
- Leased till Feb 2013 at $1600pw and due for an adjustment
- Another property in this complex is achieving $1700pw
- Depreciation benefits of up to $13,000 in first year
Located just a minutes drive from the newly built hospital, new police station and developing South Hedland CBD, this property is perfectly situated to access all amenities such as the TAFE, swimming pool and currently under construction, the $36M community sports centre. BHP have just announced an imminent $48B investment in iron ore with a Port Hedland 8 berth outer harbour first cab of the rank. Buy and enjoy the better returns this property holds with a future rental adjustment. Call your listing agent now RICK HOCKEY 0438 934 093.
