Put that $20,000 you have saved in the Bank and earn around 3.5% NET Return on Investment which is amazing, or buy this property and make 27.5% NET Return on Investment approx. Ummm that's a difficult choice isn't it?
In the words of the great Wu-Tang Clan, C.ash R.ules E.verything A.round M.e, CREAM get the money dollar dollar bills ya'll and if you are focused on making that money you need to look at this leasehold investment at Q-Central!
This is the Big Boy, the 3-bedrooms, 1-bathroom layout that is rare in this block and it even comes with a tandem basement carpark! What do the numbers look like....
- Rental: $730/week = $37,960 a year!
-minus expenses: $32,463 (that's including Ground Rent, including OPEX, including rates)
- NET INCOME: $5,500 per year, aka 27.5% Net Return!
Auction: Wednesday 22nd October at 12:30pm, Harcourts Alexandra Park, G01/223D Green Lane West, Epsom (unless sold prior)
Declared Reserve Auction of $20,000.
*Property particulars have been obtained by a third party.
