Welcome to hunterhomes.com.au Login | Create Account
This property can be inspected by contacting Shedden Real Estate.
| Unit/Apartment | |
| Land area | N/A |
|---|---|
| Bedrooms | 1 |
| Bathrooms | 1 |
| Car spaces | 0 |
Outstanding Investment with guaranteed income.
Leased by "Quest Apartments" for a further 12 years.
Present income of $1332 p.c.m.
Sinking fund is $210 per month due to an ongoing legal dispute which is hopefully close to resolution but Quest pay the admin fund.
Quest pay all water & electricity and half the council rates which are approximately $200 per qtr.
Very much a set and forget.
| Estimated stamp duty (1) | $6,820.00 |
| Estimated legal fees (2) | $1000.00 |
| Estimated bank/loan fees (2) | $800.00 |
| Minimum 10% deposit (3) | $23,800.00 |
| Total upfront payment | $32,420.00 |
| Monthly repayment on balance of $214,200.00 @ 7% (4) | $1,425.07 |
All figures are estimates only, please confirm with your conveyancer.
1 You may be eligible for first home owner concessions.
2 Estimates only and will vary between different companies.
3 Some financial institutions may not require a full 10% deposit.
4 Minimum repayment based on standard principle & interest loan over 30 years.
507 Hunter Street
Newcastle, NSW 2300
| Phone | (02) 4926 1566 |
|---|---|
| Fax | (02) 4929 7073 |
This property was listed on 26 Feb 2012 and has been viewed 65 times by 56 visitors.
