contact us
Sold
Sold
+8
84 Northbourne Avenue
BRADDON
1
1
6.0
Sold: $200,000

By Appointment

Gross yielding  in excess of 8.0%, here's a limited opportunity to make a guaranteed return on an investment that performs against anything banks, or the share market offers. This ideal, investment* may suit an SMSF or investor seeking yield. 

Centrally located with only a short stroll to the city centre, this first floor, fully furnished, serviced apartment offers an outstanding investment opportunity for someone seeking:

·     High returns with low risk,

·     All maintenance taken care of

·     Low purchase price

·     Low overheads and

·     Absolutely minimal fuss for you!

Gross rent guaranteed irrespective of the occupancy rate with multiple 5 year options to renew. Low strata fees, affordable land tax. Your monthly task is just to check your bank account.

Leased until October 2023 with additional multiple 5 year options out to 2033 the apartment also provides long term security for investors. Mantra Hotels will execute a new lease from date of purchase to the next lease rollover option you choose. Owners are entitled to discounts off normal rates at participating properties throughout the Mantra group.

The apartment itself features 55 square metres of living space with large bedroom and bathroom, good size kitchen and open plan living complemented by tasteful decor, furnishings and reverse cycle air conditioning.

Facilities in the complex include an indoor heated pool, gym and sauna along with restaurant, bar & lounge areas with conference rooms and guest parking.

This outstanding opportunity won't last long so call Peter now on 0450 976 441.

*Note - This is an investment only opportunity.

Ask about
this property

CONTACT AGENT