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Spring Hill

$350,000

32/391 Wickham Terrace

Dual key investment with Great rental Income

This dual key apartment consists of 2 separate studios. Each studio is fully furnished and long term tenants are already in place. Ideally situated ac

This dual key apartment consists of 2 separate studios. 402 and 402A. Each studio is fully furnished and long term tenants are already in place. Air Conditioned. Ideally situated across the road from Roma St Parklands, it offers direct beautiful park view. Close to all city services and facilities.

You don't want to miss out on this great rental property with $535/week rent return. The apartment is being sold including all the furniture and appliances.

Size-Unit 402- 36m2 + Unit 402A- 20m2 = approx 56m2 combined

- Larger studio currently rented for $300/week. Leased to 31Jan 2019
- Smaller studio currently rented for $235/week. Leased to 31st July .2018
- Potential rent if renovated - $360+$280=$640/week
- Excellent location with a few minutes' walk to the CBD
- Air-conditioned
-Additional separate common laundry for unit 402A
- Secure access after-hours
- On-site management
-Built 1972

- Expenses: approx.
body corporate levies - $1296/quarter, $99 per week, approx
council rates - $376/quarter, approx
urban utilities - $255/quarter approx.

There is no car site attached to property title.

Parking can me purchased from Onsite manager, per month.
$125 Ground Level and $150 for the basement per month if required.


Inspections by Appointment. Call Robert Zander 0412 440 187

Disclaimer - All information detailed including future development options contained herein are gathered from sources we consider to be reliable. However we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.


Features

2

2

Property ID 20020558
Kitchen 402A/391 Wickham Tce – 31/07/2018 (Renewing 6 mo0) $235
Building Age 1972
Depreciation 402/391 Wickham Tce – 25/05/2018 (Vacating) - $300 n
On-site Management
Air Conditioning
Alarm System
Built In Robes
Secure Parking

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