Ray White Howick
Real Estate Agents
- Listing #:
- DMR30227
- Listed:
- 284 days ago
$475,000
Guaranteed Rental $37,956 PA
205 & 206/24 Hawthorne Drive, Frankton, Queenstown-lakesApartment
-
- 2 Bedrooms
-
- 2 Bathrooms
-
- 1 Car Garage
About this property
Stress free investments do exist!The price will be zero rated at plus GST
We have on offer here two one bedroom units for sale, they do have internal access between each other if the dividing door is unlocked. Completely managed by the hotel providing a rental income of $37,956 (gross) yearly.
This rental income is guaranteed all year round whether your property is tenanted or not.
The only thing you need to take care of is the yearly outgoings which are only the rates and body corp levies which are
Unit 206 income per month $1815
Unit 205 income per month $1348
Rates bill for each unit - 206 $2765.81
unit - 205 $2559.36
B.C Annual levy for unit 206 - $4,415,39
unit 205 - $3,242.07
Each owner also has 10 free nights to stay at the unit when booked with the hotel in advance
If you are after more information please do not hesitate to call Michael Pham to discuss this amazing opportunity
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