Don't wait to buy property. Buy Property and wait.
As a strong, hands-off investment, this one-bedroom studio is leased to the Quest Atrium until 2025. So, buy today with the intention of gaining a solid return until then, and either occupy yourself or rent out later!
Located on The Terrace, these apartments are highly sort after by guests looking for accommodation. Being close to the CBD, Westpac Stadium, University, restaurants, and Queens Wharf makes this a fantastic location for tourists and short-term stayers. The unit is leased out for $1565.35 per month which makes for $18,784.20 per year. The net income after Body Corp fees and rates is $15,581.44 making it roughly a 7.8% net yield at the BEO price (plus GST if any).
-7.8% net yield at BEO $199,000 (plus GST if any)
-Security and simple access
-Tidy living and bathroom
So call Nick Mahan now for more information on 027 478 1188