Located in a popular, well maintained complex with experienced on site management and high rental demand this investment opportunity should not be missed. - Long term tenant. Rent $345 per week at next lease change - Body corporate levies $40 per week - Council/rates/water $60 per week - Price $254,000 - Gross yield 7.1% - Sinking fund balance $134,000 - Open plan air conditioned living/dining/kitchen - Lounge leads out to rear garden - Big kitchen with stainless steel appliances & lots of storage - Large air conditioned main bedroom with built ins - 2nd bedroom is double with ceiling fan & built ins - Two way bathroom with separate shower and bath - Single lock up garage plus another parking space - 2 pools, 2 bbq areas & tennis court in complex With 4 private colleges in the area there is a continuous rental waiting list meaning this investment will always be profitable. Please note the internal images shown are of a similar unit of the same size and layout.