Wished you had purchased when they were cheap?

Now is your opportunity.

This lovely 1st floor unit is available and currently renting for $340.00 per week.

The location is what every tenant or first home buyer wants. Just a short walk to Countdown at the end of the street, a main bus route at the end of the street and located in between two train stations on the western line, Fruitvale and Glen Eden stations.

There is a secure car park, giant swimming pool and a gymnasium in the complex (pool and Gymnasium currently under restoration)

Our vendors say that it has always been easy to rent and at the asking price you are getting a gross return of over 19%

Located in one of two buildings on site, the other building is currently undergoing weathertight remediation and this building also requires weathertight remediation after the first building is finished. Remediation costs are, as yet, unknown for this building.

The latest newsletter from the Body Corporate estimates an average repair cost of $175,000 per unit, after receiving the government subsidy (the FAP). This would give you an almost brand new unit, including kitchens and bathrooms, because the method of repair. -------- ask for a copy of this document.


Some additional benefits:

The water rates are paid by the Body corporate fee, Building Insurance is paid for by the same Body Corporate fee and rubbish collection is from a walled off area that is cleared by a contractor (no need to have rubbish stored in your flat for a week). There is a site manager paid for by the body corporate fee and to keep the property safe and clean the body corporate pays for random drug dog visits to discourage people from bringing down the tone of the property.



OPEN HOME INSTRUCTIONS: - Please meet the agent Jolyon Russell at the front door to the building at the beginning of any Open Home time - entry is through a secure foyer and the agent needs to open the door for you.