This is a unit on a lot in 903/SP262528 Rockhampton City QLD. Estimated value at this time is $380,000. In the council area Rockhampton Regional, with 2 bedrooms and 2 bathrooms.
TOP FLOOR- RIVER VIEWS- $568 PER WEEK. TOP FLOOR!!!Young, modern and spacious, this two bedroom twin key apartment offer two bathrooms, lounge & dining room, stainless steel appliances, split system cooling & heating and balconies with river views.Boasting a large 100m2 in floor area.Located on the Fitzroy River amongst the business, restaurant and entertainment precinct, Quest Rockhampton suits business and leisure travellers alike.Current rent: $568 per week- $29,570 per annumCurrent Return: 6.90% Gross / Net 5.99%Oct 2019- + 4% - 7.17% grossOct 2020- + 4% - 7.46% grossOct 2021- + 4% - 7.76% grossOct 2022- + 4% - 8.07% grossLease Terms: Lease to October 2023 plus 4 x 5 Year optionsRent Increases: 4% yearly with market rent reviews every 5 years (next due 2023)Approximate Owner outgoings:Council $2626 per annumWater- (Included in Council) ------ -----Owners Corp Sinking Fund $1256.00 per annum