This property is a unit located in Braddon ACT. Similar properties have sold for approximately $260,000. Built in 1998, featuring 1 bedroom and 1 bathroom.
Make Some Money at Mantra! With a net yield of almost 9% here is your opportunity to make a guaranteed return on investment that far outweighs anything a bank, or the share market can offer.Superbly located only a short stroll to the City Centre, this first floor, fully furnished, serviced apartment offers an outstanding investment opportunity for someone seeking a high return with low risk, low purchase price, low overheads and absolutely minimal fuss for you!With gross rent guaranteed to increase from an already impressive $18,403 to $19,599 per annum in October 2016 you also have comparatively low strata fees, affordable land tax and, most importantly, a guaranteed income irrespective of the rooms occupancy rate.Leased until October 2018 with additional multiple 5 year option up to 2033 the apartment also provides long term security for investors.The apartment itself features living space of 55 square metres with a large bedroom and bathroom, good size kitchen and open plan living complemented by tasteful decor and furnishings and reverse cycle air conditioning.Facilities in the complex include an indoor heated pool, gym and sauna along with restaurant, bar & lounge areas with conference rooms and guest parking.This outstanding opportunity wont last long so call Andrew now on 0403 169 259.*Please note - This is an investment only and is not for residential use.EER 6.0Have you got the BUG?Join our propertybug email service for a first look at our new listings.