Properties

10 Spotted Gum Drive, Lake Hume Village

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253 sqm

For sale $159,000
Inspection by appointment

Many happy returns

10 Spotted Gum Drive is more interesting than your average detached 3-bedroom unit. It certainly pays better returns; grossing 10% A per annum. Though great for any first-time investor seeking to start their investment portfolio, it would also make good sense for any seasoned investor who understands the value of diversity in their investment portfolio. And in this price range, there’s very little in the market that presents such as unique opportunity.

Spotted Gum Drive is situated in one of the border’s most popular holiday precincts, Lake Hume Village. Though currently tenanted on a lease managed by Elite Property Management at $300 per week, the unit could easily and reliably be rented by holiday-makers on short-term stays, or become a comfortable home for a buyer who is down-sizing or seeking a low-maintenance home where the gardens, and common grounds and facilities are fully-managed by the Lake Hume Village community.

Lake Hume Village, like its neighbour Lake Hume Resort, make it idyllic for family summer breaks and short-term getaways, where you’re the owner-occupier.

All that’s left is for you to decide — leased investment that’s either self- or agency-managed, short-term rental through Lake Hume Village or AirBNB, or all yours as permanent or holiday owner-occupier.

Rental estimate

This property is currently leased at $300 per week on a fixed-period tenancy until 28 February 2020.

Outgoings

Albury City council land rates is $805.43 per annum. Water rates and consumption, garden care and facilities maintenance, is included with the body corporate fee, which is approx. $800 per quarter.

Reports

Reports are provide by the agency to assist buyers make informed decisions.

Contact agent

Luke Chiodo
M +61 451 664 058 (24/7)
P +61 2 6059 4325
E info@lukechiodo.com

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Advice partners


Seek financial advice from Choice Finance Specialists 1 — the experts in home and investment loans.

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Seek building advice from Building and Pest Inspections AW 2 — the experts in building inspections.

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Seek leasing advice from Elite Property Management 3 — the experts in residential leasing.

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Disclaimers

The information contained on this page was collected and prepared from multiple and relevant sources. While every effort was made to ensure its accuracy, we accept no responsibility and refute all liability in regard to any errors, omissions, inaccuracies or mis-information herein. You should make your own enquiry to verify this information.

A Current gross earnings is not a guarantee of future return.

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