For Sale / $ 275,000
Simple Investment Solution - 8% ROI
Please refer to property No: P838
South Brisbane
1
1
0
Full Description:
No bull about it. This room in 4.5 star Rydges Hotel will put 8% Gross ROI into your pocket each year - and that figure will increase over time.No body corporate fees to be concerned about, no tenancy issues - just set and forget. The management company looks after everything and you can watch the dollars roll in every month.
Last financial year the current owners found themselves $22,019.00 richer, just for owning this property. The annual income is increasing every year and there are very few investments that will provide this return, with so little trouble.
The only outgoings are $1320 per annum for council rates. Everything else is looked after by the management company.
Located in South Brisbane, just moments from the South Bank Parklands, this is Brisbane’s most popular holiday spot. Such a low-maintenance investment is sure to beef up your bottom line.
If you are serious about adding a high performance asset to your property portfolio/superfund, call Zoe now on 0413 690 460
Features
- Bedrooms: 1
- Bathrooms: 1
- Car spaces: 0
- Featuring: Airconditioning
- 1 Balcony
- City Outlook
Listing Agents Details
- Listed by:Paul Manning
- Mobile:0417 3839 50
- Phone:07 3839 5000
- Email Agent