Better than 5% nett return on investment under current management.
Ground floor studio apartment within Coasters Complex in the heart of Sawtell.
Currently managed and being offered as motel-style accommodation and enjoying good patronage with a gross operating return around $10,000 per annum.
If your current investment is not earning enough and you wish to enjoy rental income and Sawtell capital growth then this is the perfect low cost, high yield investment for you.
Outgoings include water usage.
Strata – $2,460 pa approx.
Rates – $1,700 pa approx.