FIVE INCOME STREAMS FROM ONE PROPERTY!

Listing Number:  2041
Posting Date:  30 November 2011






 
Price:$345,000
Listing:FIVE INCOME STREAMS FROM ONE PROPERTY!
Type:Unit/Flat : Subdivision Potential
Category:Private Sale
Bedrooms:2
Bathrooms:1
Region:Southland
Site Area:1012 m2
Address: Login
Building Area:300 m2
Property Image

Description:

Who wants some serious positive cashflow at an incredibly low price?

First year Pre Tax Cashflow of $12,208

This block of 5 x 2 bedroom units is currently returning 12.2% yield, and has a great rental history.

We have this block under contract for $345,000, thats just $69,000 per 2 bedroomed unit!

We have a conservative registered valuation of $390,000, this is 11.5% below value ($45,000 instant equity)

Please dont hesitate to call us ASAP as this will be snapped up fast.