Positively geared, low maintenance investment renting for $576/w
This unit offers live in owners & investors many options both now & in the future.
Live in owners:
Buyers can move in & live in the unit which comes fully furnished.
Investors look at these numbers:
This recently renovated apartment is part of the 'Medina' serviced apartment scheme, where investors will receive a guaranteed rental return & a zero vacancy. Would you like an investment property that can be positively geared from day one?
- Income of $30,000/year, that's $2,500/month or $576/week
- Plus, you will receive an extra $100/month or $1,200/year for the Capital Equipment Reserve Fund. (This is additional income for future upgrades of any furniture items)
- Owners will receive a discount up to 30% off at any TFE hotel, subject to availability
- Investors can also look to rent the unit privately or through a property manager
- Depreciation schedule available and is transferrable
- $22,000 approximately already spent on recent renovations which includes a full furniture package
Location and the building:
Braddon is already booming & is the place to be thanks to vast array of great cafes, restaurants & bars & it's only a short walk to the Canberra Centre, the ANU & much more. ‘James Court' literally boarders the City & Turner, & with the light rail stop & bus interchange on your doorstep you won't need to use a car, so you why not rent out the car space for around $2,500/year & give yourself a little extra income.
SMS "619 James Court" to 0407 121 412 to get a copy of the digital brochure containing the contract.
- 6th floor apartment
- North & west facing
- End unit, windows on 2 sides
- Living area 85m2 plus 8m2 covered balcony approx
- Open plan living area & large kitchen
- Reverse-cycle air conditioning units in main bedroom & living area
- Large spa bath
- New carpets & paint approx. 3 years ago
- Fully furnished (updated furniture approx. 4 years old)
- Both bedrooms have mirrored sliding door robes
- Single allocated car space
- The upcoming light rail to be on your door stop
- NBN ready
- Numerous security cameras throughout the building
- Lift access
- Onsite facilities include gym, pool & sauna, rubbish chute on every floor
- 24 hour on site reception
- Renovated building - the following major costs have already been paid for & invested in by the current owners; exterior painting, the replacement of all three lifts and an update of the pool area