Owner wants out and will look at all offers!
This chalet located in the successful Golden Door Health Retreat in Willowvale offers investors a very rare positive geared investment with a secure income source.
The Golden Door is your tennant by way of a 2+5yr registered lease which means it is permanently tennanted and you cannot live in it yourself.
Payments are transfered to you monthly - your only outgoings are the Body Corp and Council rates so just sit back and enjoy the cash.
As a bonus, you have the option of staying in it for 4 weeks of the year without affecting your lease income.
Do your sums and take advanatge of this rare opportunity.
Monthly Income = $968.71
Less Expenses
Management Fee = $303.42
Body Corporate: = $55.15
Council Rates = $94.05
Monthly Nett Income = $516.09