This dual key north facing apartment rented through the on-site mangers is showing a massive gross return of 8%, or $26,112 per year ($2,176 per month) ideal for investors looking to cash in on the short stay corporate sector servicing the major infrastructure projects currently under way in the region.
Consisting of a one bedroom unit with spacious kitchen, bathroom, combined lounge/dining, laundry nook and north facing balcony PLUS another spacious studio apartment with kitchenette and bathroom.
Being part of the hotel complex your guests can take advantage of the heated pool, gymnasium and other features of the hotel complex including restaurants and health spas. Located in the vibrant CBD an easy stroll to all the centre of town has to offer.
Rates: Approximately $988.15 net per half year
Water Access: Approximately $292.59 net per half year
Body Corporate Rates: Approximately $1521.00 net per quarter
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If an open inspection time is advertised, the following guidelines will be required, and your assistance appreciated -
Social distancing should always be observed - There is at least 2 square metres of space between each person.
The agent conducting the inspection will encourage those attending to wash their hands with alcohol hand rub when they enter and exit. Alcohol hand rub will be made available for those attending at the entrance and, if the entrance is not also the only available exit, at each available exit.
The agent conducting the inspection will complete and retain (and produce for inspection as may be required), a written/or digital collection notice that complies with all legal requirements and directions.
We are here to help you with your property search and with the lowest interest rates ever available there has never been a better time to buy.