Affordable, High Gross Return Investment

Set and forget investment opportunity. This retirement village unit is currently leased at $200 per week with the current tenant indicating that she would like to stay on for a number of years. That's currently a gross return of over 8.7%. The unit is set in a secure gated complex with well maintained beautiful gardens and lawns throughout. The dwelling itself comprises a sitting room, galley style kitchenette, a large bedroom with a built-in wardrobe, spacious en suite bathroom with laundry provision, reverse cycle air conditioning, and a small court yard with clothes line. Adjacent to Hollywood Plaza Shopping Centre and with public transport just metres away this is perfectly placed for the over fifty fives to relax and enjoy life. It is also a great opportunity for the first time or the savvy experienced investor.