9G Camp Street is located behind the famous camp street bakery, it comes with it's own carpark and private ... Read more
9G Camp Street is located behind the famous camp street bakery, it comes with it's own carpark and private courtyard.
Being a unit title the monthly fee is approximately $200 a month and covers off insurance, professional management and outside maintenance.
An example of numbers if an investment was an option:
If you had 30% deposit (generally required to buy an investment) and based it over a 30 year period at the current 2 year interest rate of 5.45%
* Yearly rent ($380 a week) = $19,760
* Yearly fee = $2,400 (insurance & outside maintenance)
* Rates = $2116.35
* Yearly mortgage repayments = $15,132
Total = $111 profit, meaning your investment is paying for itself.
An option to obtain a higher rent is available.
If you are a first home buyer and had a 10-20% deposit ($32,000 - $64,000) your weekly mortgage repayments would be approximately $389 with 10% and $333 with 20%.
Numbers sourced from ASB mortgage calculator.
The unit is a simple layout with kitchen and living with a heat pump downstairs and one bedroom and bathroom located upstairs.
Give Rachael or Dalton a call to arrange a private appointment or attend the next open home.
Offers can be presented to the vendor at any time.
