50 Mitchell Street $99,950
Newly renovated building and units, open for business in November 2021, available for viewing now.
SET & FORGET INVESTMENT!
A new long term lease has been negotiated with initial returns to start at 6.5% return and potentially growing. $6,500 P/A includes all costs paid by the leaseholder only leaving annual council rates.
NEW PHOTO POSTED AND MORE ON COMPLETION.
THE SET AND FORGET INVESTMENT!
Looking for better returns than the bank and bond?
Don’t feel like gambling your savings away on the unpredictable stock market?
Do you just want to put your money to work for itself and reap the rewards?
NO HASSLE, NO CARES, JUST CONSISTENT RETURNS!
THE VALUE INN -TO BE RE NAMED has an opportunity for you to buy in and reap the consistent rewards with a new lease NOW negotiated to start paying from January 2022.
The property is situated in the heart of the tourist belt in Darwin’s CBD.
The property shares the pool and amenities with Melaleuca apartments lowering upkeeping costs while providing superior budget accommodation.
The fully serviced 12m2 apartment offers a bed sit arrangement, sleeping 3 and has a bathroom and parking space.
The outgoings are approximately $1,400 P.A. for council rates.
The income for this year was $6,500 reviewed with increased profit sharing.
Do the maths and see your returns currently at 6.5%P/A net annually with room for growth up to 10%+ over time.
Performing better than banks and safer than shares.
Call Julio Leschi NOW for more details.
Location & Information
- Bedrooms: 1
- Bathrooms: 1
- Property Type: Unit
- Post Code: 0800