12 Kennerly Street, Cloverdale, WA 6105

Astute Investors >5.6% rental yield, very low expenses

$450,000

Description

The Phone Code for this property is: 31371. Please quote this number when phoning or texting.

6% gross rental yield, extremely low expenses.
Ground floor, 1 bedroom 1 bathroom apartment in a secure complex of 8 only.
Currently tenanted for $520 per week, $27,040 per year. 5-year continuous rental history available.
Fully furnished, dishwasher, washer, fridge, A/C plus furniture all included in ownership transfer.
Hardy 30mm stone bench tops throughout the kitchen, bathrooms and laundry and hardy Laminate timber flooring. Allocated parking bay, and undercover alfresco.
CCTV and secure gated electronic entry further reducing insurance premiums.
Very low strata fees on this owner-managed strata, approximately $150 per quarter currently.
Water service is approximately $200 every 2 months.
Electricity usage and service are covered by the tenant
No gas connection to the premises which means no gas bill.
Council rates are approximately $350 per quarter.
Depreciation reports can be included on request.
A full renter ledger can be provided on request.
Please contact the agent for further information, the current owner is happy to answer questions.
This is a true 'purchase and leave' property with a guaranteed return.

Disclaimer:

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