Resort style living at ‘City Waters’ :
* Double storey ‘Sky Villa’ with South West facing Lanai and Master bedroom
* Lanai with double sets of shutters allowing breezes and wider views
* Fantastic hillside views from your master bedroom
* Two bedrooms, master with ensuite
* Two bathrooms both with showers
* Open plan lounge living
* Allocated undercover parking space nearby
* Guest parking directly opposite the building
* Secure gated complex
* 4 pools in the complex
* Gymnasium
* Communal BBQ areas
* Minutes to the City
* Close to the local shopping centre and amenities

Popular with tenants as the complex is a short walk to Earlville shopping centre and five (5) minutes to the City by car.

The Unit is currently rented on a fixed term tenancy at $400pw until 10th January 2024 when it will either be renewed or converted to a periodic lease. Rent renewal is estimated at around $450pw).

Please find the plans and floor plan and the actual costs breakdown of the unit.
Total Annual fees as follows :
Council Rates 2,700
Body Corporate Fees 4,964
Building Insurance 1,315
Total 8,979

The asking price is $275,000 furnished, which provides for a true net yield of over 3.5% with renewal yield of 4.5% approx.

Grant Freeman 0417 159 357

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