Grundrisse
Located at 803/ 48 Victoria Parade, Rockhampton is this dual key apartment with a secure long lease.
803A is a motel style room of 41m2 with it's own bathroom and 803B has it's own kitchen, bathroom, lounge and dining area of 95m2.
Total income for the last financial year was $35,078 with Administration Fund costing$1,376 per year, Sink Fund is $2,350 per year, and rates at $1,484 per half year.
If your after Blue Chip investment do the maths and give me a call or reach out on social media.