21 Normanby Sq, Bundaberg South
EXECUTIVE UNITS – COMPLEX OF 6 – INVEST NOW!
A rare opportunity to purchase this executive unit block in Bundaberg South has just come available! These executive unites are designer built for simplicity and functionality.
Take the picturesque boardwalk through the rainforest setting to gain entrance to each individual unit. Each unit is raised just a few steps off the ground, consisting of 1 bedroom plus study with a built in robe. The combined living and kitchen is modern with all new appliances and split system air-conditioning. Each unit has a laundry built into a cupboard in the kitchen and it’s own stylish bathroom.
Each individual unit does have it’s own enclosed balcony and backyard including a clothesline. There is also a carport towards the front of the unit with room for one car from each unit.
Gross Rent: $93,600 pa (6.35%)
Management Fee 5%: $4,680 pa
Rates (estimate): $14,732 pa
Insurance: $6,585 pa
Net Income: $67,603 pa (4.58%)
Depreciation year 1/7/2022 - 30/6/2023 $46,919.62
Schedule runs to 30/6/2053
This complex is currently on one title.
Quantity Surveyor Elemental Costings and Depreciation Scheduled available on request.
If you are interested in viewing these units please contact GREG MCMAHON on 0414 518 315 or JESSIE FULLER on 0430 195 115.