VERSATILE INVESTMENT SHOWING 7% RETURNS (NET)
Part of a quality, established short term stay complex strategically located 2km from Albany’s CBD and within easy reach of all tourist attractions, this neat and tidy brick and Colorbond unit is the perfect choice for those chasing a tidy investment property that they can also utilize for their own personal use up to 3 months of the year. The current owner has been enjoying fantastic net returns of over 7% and this incorporates the cost of using the services of a local management business to handle the bookings and housekeeping in between guest stays.
The property comes fully furnished and equipped for short stay visitors. It represents an exciting option for investors that want a stress free rental property where everything is set up for them so they can simply sit back and count their money rolling in. If you would prefer, however, you can choose to self manage the accommodation and servicing of the unit, or keep it for you own use as a city pad when in town for business or visiting family and friends.
The property is in great condition for its age, both inside and out. A front verandah and sitting area is where the sliding glass door entrance leads in to an open plan living, dining and kitchenette space, fitted with reverse cycle air conditioning for all year round comfort.
A door leads to the separate queen sized bedroom with a built in robe and ensuite, which is includes a shower, vanity and toilet.
The floor coverings, window treatments and painted surfaces are all in terrific condition and the other fixtures, fittings and décor are also in good repair.
The unit has its own adjacent carport under the main roof, and there’s ample visitor parking not far away at the front of the complex.
An on-site restaurant, a communal barbecue area, playground and laundry are other facilities available for the convenience of the occupants.
With quality guest accommodation in demand within central Albany, this unit is sure to attract a wide scope of investors recognising the rewarding opportunity it provides with minimal effort on the owner’s part.
Do not hesitate in contacting Lee Stonell on 0409 684 653 or
[email protected] to discuss this exciting investment prospect.
What you need to know:
- Short-stay accommodation unit
- Excellent investment proposition netting >7% returns
- Owners may use for up to three months a year
- Management options available or can self-manage
- Smart, well-established complex 2km from CBD
- Easy access to tourist attractions and facilities
- Brick and Colorbond construction
- Neat and tidy throughout
- Being sold fully furnished and equipped – all in excellent condition
- Air-conditioned open lounge, dining area and kitchenette
- Microwave, bar fridge, kettle, toaster, coffee pod machine, crockery and utensils all supplied
- Private queen sized bedroom with built-in robe and esnuite
- Floor coverings and painted surfaces in terrific condition
- Other fixtures, fitting and décor also in great condition
- Front verandah with outdoor setting
- Designated carport and additional onsite parking nearby
- Onsite barbecue, playground, restaurant and laundry facilities
- City of Albany rates $1,271.00 per annum
- Water Corporation rates $1,358.69per annum
- Strata levies $1,303.96per annum