A Set & Forget Investment Property in ASCOT!

$790,000 ONO

Apartment real estate, Ascot QLD

105/20 MORDANT STREET, ASCOT

Modern apartment in a boutique complex (just 11 units!)
Quiet position but close to all the action
Leafy outlook
Brilliant ROI of $31,200p.a. gross rental AND fabulous tenant (current lease to June 2026)

This investment property is all about return on your investment and capital gains!! There's no pool, sauna nor spa AND no lift, therefore keeping your Body Corporate costs to a minimum! The lower the outgoings the better your return of course!

Property Management is always Key to a good investment property and Susan at Riverside Hamilton is the best! Great eye for details makes Susan exceptional. You can meet Susan there this Saturday at the OPEN at 9.30am.

Tucked at the rear on the first floor, its a great rental property. Doomben Racecourse along with other retail and restaurant facilities, make this an attractive place to live for any would-be and future tenant!

The current tenant is just excellent and looks after the apartment well. He has no plans of moving anytime soon, which secures your return!

OPEN FOR INSPECTION THIS SATURDAY BETWEEN 9.30-10.00AM. SEE YOU THERE.

Contact Greg (0407) 721 335 today for more information.

More Information

Property Overview

Category: Apartment
Details: 2 1 1
Price: $790,000 ONO
Area: 81m2

Property Features

Balcony
Intercom
Air Conditioned

Investment Information

Gross Return: $ 31200
_{How much does the property return in rent per year.}

Net Return: $ (not disclosed)
_{How much does the property return after all management expenses are deducted.}

Yield: 3.95%
_{The percentage of the Asking Price that the property delivers in Gross Return each year.}

Guaranteed Return (PA): $ (not disclosed)
_{Some managers offer a guaranteed rental return. If applicable, this will be detailed above.}

Body Corporate Costs: $ (not disclosed)

Rates PA: $ (not disclosed)

Management Fee: (not disclosed)%
_{How much is charged as a management fee.}

Cleaning Costs (PA): $ (not disclosed)
_{Some holiday properties have cleaning and linen costs to be considered. If so, the costs may be detailed above.}

Cable and Data costs (PA): $ (not disclosed)
_{Some holiday properties are required to have foxtel and internet in order to be let. If so, the costs may be detailed above.}