149 Nelson Street, City Centre
- This location has been autonomously mapped, it may not be exact.
149 Nelson Street, City Centre
SOLD
5.1% NET RETURN
A guaranteed return in a solid building is hard to come by right now.
- Currently rented for $440 p/w with tenants that want to stay on.
- That's $22,880 gross p/a.
- Body corporate fees & rates are at $4,100 p/a.
- $18,780 NET!
The asking price is only $369,000, so that's a 5.1% net return.
This is also a perfect entry-level apartment for first home buyers so it's fair to expect some capital gain!
This will be going live in the coming weeks so get in quick!
Note: Photos used are of a similar unit in the same complex, some furniture may be different. Speak to agent for details.
Facts & Features
Title Type
Freehold
Rates
$1252.06
Rental Appraisal
$360-$420 /week
Estimated Net ROI
4.36%
Pets
No Pets
Oliver Booth
Jesse Smith
Disclaimer: Apartment Specialist are often asked to give information as to the area or dimensions of properties, including rooms, decks and patios. Apartment Specialists sources such information from third party sources (for example Council records, building management records) and passes this on; unfortunately it is not uncommon for such information to be inaccurate. If exact and accurate sizes or dimensions is an important factor in your decision then you as Purchaser must make your own independent enquiry from your own chosen expert (for example a registered valuer).
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