A$ 68,500
Condo, Bundamba, Queensland
1 bed · 1 bath
Fantastic little investment unit for sale in the Oxford Crest over 50's Village in Bundamba. Returns nearly $5000 per year !!! Over 7% Net !!! This ground floor unit has great access and has been kept in very good condition by the long term tenant who is assisted by the government to pay rent. The advantage of this type of investment is that like this tenant, most of these properties are rented to age pensioners who are assisted by government. Another bonus is that once a tenant moves in they often stay 5-10 years so you aren't paying relet fees to the agency, which reduce your returns. The…
Listed by REA Group