Listed on realestate.com.au & domain until sold
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POSTIVE CASH FLOW EXCEPTIONAL INVESTMENT RENTAL PROPERTY
Property ID: 226141
This is a modern designed brick and tile 6 bedroom 4 bathroom house built approximately 2010. It is on a strata-titled lot of 405m2 with a 215m2 house plan.
This is an exceptional cash flow-positive investment. The 6 bedroom 4 bathroom property in Wilson is close to Curtin University (1.9km) the airport 12km (for fly-out workers) and Perth CBD 11km. It is specifically designed for shared accommodation and rooms are rented individually. Currently easily managed by owners or there is a local agency that will rent by the room.
Due to its proximity to the Perth CBD sustained capital growth would be expected
The property has a 98% occupancy and new tenants are always available. Currently rented per room between $210 and $235 plus $25 expenses per tenant which easily covers water consumption, gas, power, and internet services. Total income including expenses fee from tenant's PA is approximately $74,880. Council rates $2200, water rates $1,374. There are no strata fees.
The rooms are rented on individual boarder/ lodger agreements with a one-day termination clause if needed, therefore easily removing any problem tenants. Two houses were constructed on the original block with a common wall and subsequently strata titled.
This is an exceptional cash flow-positive investment. The 6 bedroom 4 bathroom property in Wilson is close to Curtin University (1.9km) the airport 12km (for fly-out workers) and Perth CBD 11km. It is specifically designed for shared accommodation and rooms are rented individually. Currently easily managed by owners or there is a local agency that will rent by the room.
Due to its proximity to the Perth CBD sustained capital growth would be expected
The property has a 98% occupancy and new tenants are always available. Currently rented per room between $210 and $235 plus $25 expenses per tenant which easily covers water consumption, gas, power, and internet services. Total income including expenses fee from tenant's PA is approximately $74,880. Council rates $2200, water rates $1,374. There are no strata fees.
The rooms are rented on individual boarder/ lodger agreements with a one-day termination clause if needed, therefore easily removing any problem tenants. Two houses were constructed on the original block with a common wall and subsequently strata titled.
Features
Outdoor features
Garage
Courtyard
Fully fenced
Indoor features
Built-in robes
Broadband
Air conditioning
Heating
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