Instant Return on the Investment!

Description

High demand, rental shortage and a long-term Government tenant, are fantastic ingredients for money smart investors! Ground level apartment with an open plan living area, two good sized bedrooms and private courtyard is a great place to start. The property is located in the heart of the town with proximity to shops and Lily Creek Lagoon.

Key features include:
• Long term Government body tenant
• Large open plan kitchen/dining/living area with a split system air conditioning unit and celling fans
• Kitchen with stainless steel appliances
• Two good sized bedrooms, both with built-in-robes and split system air conditioning units and celling fans
• Verandah and private courtyard
• Storage room
• Gated entry
• Currently rented @400pw until October 2022
• Potential ROI increase by approximately $100pw due to shortage of rental properties

Kununurra is a located in the spectacular Kimberley region of Western Australia just 45km from the Northern Territory. Thriving mining and tourism sectors combined with a long term water managing panning on the Lake Argyle (Ord River Irrigation Scheme) are best of what this region has to offer.

This is an investment you’ve been looking for!

Rates:
Shire $3044.40 per annum (estimate incl. ESL)
Water $1487.91 per annum (estimate)
Strata $625.85 per quarter (estimate)

Specifications:
Total area 193sqm
Total living 92sqm
Built in 2006