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SOUND LONG TERM INVESTMENT
- 2 Beds
- 1 Bath
Here is your opportunity to own a recently refurbished two-bedroom, one-bathroom unit in the popular Quality Apartments Banksia Gardens Motel. The complex is centrally located on Albany Highway and is an extremely popular short stay accommodation destination in Albany.
Fully serviced, well managed and with a 4-star rating, it is not hard to see why these units don't come up for sale very often.
The current rental return is $13,362.84 p/a with a yearly common ground maintenance fee of $600.00 and a maintenance fee of $1,275.49 p/a. Management pay land rates, water rates and sewer rates with the current lease valid until 31/5/2019, with a seven year renewal option.
These modern accommodation units have recently had an extensive internal upgrade, revamp, include a washer/dryer unit and present exceptionally well which makes them a popular destination for families, business people and traveller's alike.
Don't miss your chance to be involved in this solid long-term investment. Contact the exclusive listing agent, Rhett Bull at Ray White Albany on 0408 264 309 for more information.
- Air Conditioning
- Built-In Wardrobes
- Close To Schools
- Close To Shops
- Close To Transport
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