House for sale

House in Southport, QLD

23 10 1
Investment Opportunity Offering Regular Income!!

Investment Opportunity Offering Regular Income!!

Investment Opportunity Offering a Regular Income!!

Fully let - minimum 6 month leases!!

Four unique houses situated on the Gold Coast and in close proximity to schools, university, hospitals, shopping precincts, medical centres and public transport.

House one situated in Southport and comprises 6 bedrooms, 3 bathrooms, lounge/dining area and a fully equipped kitchen.

House two with a Studio also situated in Southport and comprises 6 bedrooms, 3 bathrooms, lounge/dining area and a fully equipped kitchen.

House three with a Studio situated in Labrador and comprises 5 bedrooms, 2 bathrooms, lounge/dining area and a fully equipped kitchen.

House four situated in Coombabah and comprises 6 bedrooms, 2 bathrooms, Lounge/dining area, family room, media room and a fully equipped kitchen.

Important Information:
Rental Income: $205,790 P/A (approximately)
Expenses: $34,067 P/A (approximately)
Real Estate: $2,260,000
Business: $320,000
Net Profit: $172,000 (approximately)
ROI: 6.2%
Multiplier: 1.86

Real Estate Summary:
23 Bedrooms
10 Full Bathrooms
1 En-suite Bathroom
5 Showers
3 Additional Toilets

To arrange an inspection please call: Gavin - 0409608854 or email: admin@gavernproperty.com.au to request further information.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate as per instruction from the Vendor, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own inquiries to the information contained herein, and that of legal conformity with local authorities.
Last updated: 05:23AM on Jul 18th 2017
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Gavern Property Gold Coast Mc

Main Beach
Gold Coast Mc QLD, 4217