Duplex With 9% Return - Take Boat - Car - Land As Deposit

KEY FEATURES

9% Net Return - Recently Refurbished so in good condition

TRADE FOR

If you have a car or a boat or a block of land and you will add some cash, here is a good little trade for you.

FULL DESCRIPTION

This is what you get for $159,750

2 x one bedroom freehold units

 Fully furnished & refurbished

Only $159,750

Return $450 per week

$23,400 Gross Per Annum

Body Corp fees $5,020.33 per annum

Rates $1,200 per annum

Commissions for on site manager for rent collection.

7,5% of Gross $1,755 per annum

Total outgoings $7,975.33

Nett $15,424.67 per annum.

True 9% nett return per annum.