Absolute prime central Warrnambool location.
– 1 bedroom, 1 bathroom apartment, part of Quest Warrnambool
– Substantial depreciation benefits
– Secure rental – no management expenses
– Rent $18,461 annual $1,538 month $355 weekly 6.8% return (gross)
– CPI (All Groups) increased yearly
– Long term tenant, new 20 year lease (from 2019)
– Landlord annual expenses approx. $3,000
– Net return 5-6%
If you’re after a passive investment where you don’t have to lift a finger or worry about a thing then this is for you.
Call now!!
*Photos only a guide, may differ between apartments