2 hrs South of Sydney. Near beaches. 6.5% yield

  • Dwelling 2
  • Number of bedrooms 2
  • Number of bathrooms 1
  • Number of parking spaces 1
  • Dwelling 1
  • Number of bedrooms 4
  • Number of bathrooms 2
  • Number of parking spaces 1

$640,000

2 Hours South of Sydney ….Near Beach. 6.5% yield

This gem of a location has it all…boating, surfing, fishing and a little over 2hrs to Sydney. It has shown steady price increase over time. The average compounded price growth over the last 5 years was 6.6% and its still very affordable compared to Sydney. The average  median price in here is $560K but we are offering 2 dwellings for $640k…not much more than the median price for a single property. How good is that?

Located at beautiful Sanctuary Point.

It stands to reason that if you buy one block of land and get two lots of rent from it, it will always be STRONGLY cash positive. A typical result is $190pw after paying ALL expenses.

Rent is $800 pw with a one year rent guarantee. This is not a builder’s rent guarantee which is typically built into the price. Instead I back the project myself because of the low vacancy rate.

Call me for more details

Peter 0407671559

Property Type

Dual Occupancy

Rent Per Week

$800

Gross Yield

6.5%

Positive Cashflow Per Week

$190