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Island Villa with steady income

'Canopy' is a boutique resort-style complex of just thirteen self-contained units set around a superb pool amongst lush tropical gardens. The property is ideally located just a short stroll to Nelly Bay beach and shops with buses dropping off at the end of the driveway direct from each ferry.
This unit is currently tenanted at $200 pw until January 2016, offering a steady income stream. The complex has a good mix of owner occupiers, holiday rentals and long-term rentals.
The unit has a lovely covered deck overlooking the gardens and pool with open-plan living area with a double height A-frame ceiling providing a spacious feel. The kitchen is fully equipped with electric cooktop, oven and dishwasher and the dining area fits nicely between the lounge and kitchen.
Upstairs, there is a spacious air-conditioned mezzanine master bedroom with polished wood floors.
Fully furnished and fully air-conditioned.
Allocated carport space
Call now to arrange an inspection.
Low Body Corporate fees: approx $4315 p.a. (approx. $3452 p.a. after discount for prompt payment if paid on time)
Council rates: approx $2859.20 p.a. (approx. $2700 p.a. after discount for prompt payment if paid on time)

Please note that to maintain the tenant's privacy, we have used file photos of a similar unit.
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Address 8, 42 Yates Street, Magnetic Island
Price SOLD for $135,000
Property Type Residential
Property ID 233
Category Unit

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Alex Strens

0429 079 429
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