House and self contained flat package with a variety of options. 1. INVESTORS - Do the math and it will be immediately apparent that this property is offering an excellent return on investment. Income : Potential rent for house $380 p/w. Actual rent for flat $160 p/w. Combined $540 p/w. Gross: $28,080 pa. Outgoings: Rates $962.60 + Land Tax $1,221 + water (varies approx $1,000 pa) + management fee (approx 11% inc gst) $3,088 + maintenance (varies approx $500 pa) + landlord insurance (varies approx $300 pa) Total: approx $7,072 Net income: approx $21,008 pa With interest rates dropping, now is the perfect time to buy an investment property. 2. EXTENDED FAMILY – Single level , four bedroom ensuite home plus self contained flat. Double garage with internal access plus carport. 3. MORTGAGE SUBSIDISED – Move into the house and have a tenant pay $160 p/w for the flat to help pay the mortgage. That equates to over $8000 pa of mortgage subsidy. Lot/Plan No: TUGG/RICH/439/8/