Arguably the perfect property investment. Idea for Self Managed Super Funds. Gross rental yield of approximately 5.5%.

Leased to the Defence Housing Australia (DHA), this two-level townhouse is a rock-solid investment offering no maintenance worries and an exceptional rental yield. An affordable entry point to the blue chip Seaforth market, the desirable property commands an outstanding location. Nestled in a quiet street, it stands just a brief stroll from parkland, local schools, shops and public transport.

– Three double bedrooms with built-ins, main with ensuite and balcony
– Full bathroom with separate WC, internal laundry, guest WC
– Generous kitchen with gas appliances, adjoining casual dining area
– Expansive open plan living and dining room opening to garden
– Air-conditioning, ceiling fans, large secure garage
– Exceptional rental returns of $780/week, quality DHA management
– Leased to 31/07/2015 with 3 year option and annual rental reviews

DHA charges a management fee of 12% (inc. GST) of rent collected which covers repairs not covered by the Owners Corporation and new paint and carpet at the end of the lease. Quality tenant, no rent arrears, regular rent reviews and no vacancy. Further details can be found in the lease attached to the contract of sale.

Approximate quarterly outgoings:
? ? Levies: *$730*
? ? Council rates: *$298*
? ? Water rates: *$172*
? ? TOTAL: *$1,200* per quarter


Tenancy Schedule
? ? *$780 pw* rent with lease expiring 31 Jul 15
Total annual rent: *$40,671*

Estimated current market total rent: *$40,671 pa* / *$780 p/w*

Approximate strata area: 195 m2

Details: [LINK: dbpage.php?pg=view&dbase=members&id=13] Andrew Croll 0409 530 133 or andrew@croll.com.au

Solicitor: Adrian Byrne, Adrian G Byrne & Co Solicitors : 9533 3966, PO Box 749 Riverwood NSW 2210, info@agbyrne.com.au

A copy of the contract for this property can be downloaded from the [LINK: http://www.croll.com.au/dbpage.php?pg=view&dbase=listings&id=786833] Croll Real Estate website

_Internal photographs are of neighbouring townhouse 3?_