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Outstanding Investment - Next Viewing Sat 2nd June

Maylands, 40/8 Kathleen Avenue

    • Best offer over $189,000

    • 1
    • 1
Property Information
**Next Home Open Sat 2nd of June - But call me if you'd like to view 45/8 Kathleen Ave, also in this complex.**

**I have two units for sale in this block, I can show you both this Saturday**

You do the Math!!...........Currently rented at $240/week.........with potential for $260/week. Interest only repayments on $189,000 at 6.5% are $236 per week.............Wait.......does that mean it's virtually paying for itself?! Why yes!!..........Less some strata/land/water rates this investment is virtually paying for itself!! It's a no-brainer isn't it?!

This is a great value one bed unit in popular complex!! Funky upbeat colour scheme. Big balcony. Allocated secure car bay. Large built-in mirrored wardrobe to the generous master bedroom. Excellent entry level prospect for the first home buyer with a modest budget.

The Kathleen Apartments complex is a well kept and attractive complex with full security fencing and an automatic gate to the car park. It's also very well located approximately halfway between Maylands main shopping area and the river.

This is a great opportunity to purchase an attractive unit in a secure and popular apartment complex.

Features at a Glance:
- Decent internal area - 41m2 + 6m2 balcony.
- Updated (not original) kitchen and bathroom.
- 5 minutes walk to shops and public transport.
- 10 minutes walk to river parklands and cycle paths.
- Good rental return for investors, estimated at $230 to $240 per week.
Property TypeUnit

Contact Details

197 Guildford Road
Maylands, 6051

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