27 108 KENNEDY DRIVE, TWEED HEADS WEST NSW 2485

Blue​ ​chip​ ​investment​ ​in​ ​Tweed​ ​Heads.​ ​Two​ ​bedrooms,​ ​one​ ​bathroom,​ ​single​ ​garage​ ​in​ ​a​ ​secure​ ​complex.​ ​Currently​ ​returns​ ​a​ ​gross​ ​rental​ ​yield​ ​of​ ​around​ ​5​ ​percent.
The​ ​location​ ​does​ ​the​ ​heavy​ ​lifting.​ ​Tweed​ ​Heads​ ​sits​ ​on​ ​the​ ​NSW/Queensland​ ​border​ ​with​ ​steady​ ​tenant​ ​demand​ ​from​ ​both​ ​sides.​ ​Vacancy​ ​rates​ ​stay​ ​tight.​ ​New​ ​supply​ ​is​ ​limited.
The​ ​unit​ ​suits​ ​an​ ​investor​ ​after​ ​reliable​ ​income​ ​with​ ​low​ ​management​ ​overhead.​ ​Secure​ ​complex.​ ​Easy​ ​to​ ​lease.​ ​Easy​ ​to​ ​hold.


PROPERTY​ ​FEATURES:
-2​ ​bedroom​ ​apartment,​ ​1​ ​bathroom,​ ​1​ ​garage
-​ ​Air​ ​conditined​ ​bedroom​ ​
-Excellent​ ​tenants​ ​in​ ​place​ ​till​ ​30th​ ​November​ ​2026
-First​ ​floor​ ​location​ ​means​ ​you​ ​reach​ ​a​ ​wider​ ​group​ ​of​ ​tenants​ ​especially​ ​the​ ​retirees
-the​ ​complex​ ​is​ ​securely​ ​gated,​ ​with​ ​an​ ​in-ground​ ​swimming​ ​pool​ ​and​ ​BBQ​ ​area
-this​ ​property​ ​also​ ​offers​ ​a​ ​secure​ ​garage​ ​with​ ​a​ ​roller​ ​door
-there​ ​are​ ​a​ ​total​ ​of​ ​27​ ​rooms​ ​in​ ​the​ ​complex

LOCATION:
-​ ​Buses​ ​leave​ ​from​ ​the​ ​front​ ​door​ ​into​ ​Tweed.
-​ ​Short​ ​walk​ ​to​ ​the​ ​Endless​ ​Summer​ ​Shopping​ ​Village​ ​or​ ​Ampol​ ​Service​ ​Station
-​ ​Club​ ​Courtesy​ ​buses​ ​available​ ​for​ ​the​ ​local​ ​clubs
-​ ​Potential​ ​for​ ​student​ ​accommodation​ ​with​ ​university​ ​close​ ​by​ ​and​ ​the​ ​international​ ​airport

VITALS:
-built​ ​1980
-first​ ​floor​ ​location​ ​in​ ​a​ ​complex​ ​has​ ​a​ ​total​ ​of​ ​27​ ​units
-low​ ​body​ ​corp.​ ​fee​ ​of​ ​$38.50​ ​per​ ​week​ ​approx.
-current​ ​actual​ ​rent​ ​is​ ​$590​ ​per​ ​week
-air​ ​conditioned
-​ ​Rental​ ​Yield​ ​available​ ​on​ ​request
-Sinking​ ​Fund​ ​$82,000​ ​approx​ ​
-​ ​internal​ ​60​ ​m2
-​ ​garage​ ​15​ ​m2

For​ ​inspections​ ​check​ ​open​ ​times​ ​or​ ​contact​ ​agent​ ​07​ ​55991905

Disclaimer:
All​ ​information​ ​contained​ ​herein​ ​is​ ​gathered​ ​from​ ​sources​ ​we​ ​believe​ ​to​ ​be​ ​reliable.​ ​Local​ ​Realty​ ​Sales​ ​&​ ​Rentals​ ​and​ ​its​ ​staff​ ​will​ ​not​ ​be​ ​held​ ​responsible​ ​for​ ​any​ ​act​ ​or​ ​omission​ ​arising​ ​from​ ​the​ ​accuracy​ ​of​ ​such​ ​material.
We​ ​cannot​ ​guarantee​ ​its​ ​accuracy​ ​and​ ​interested​ ​persons​ ​should​ ​rely​ ​on​ ​their​ ​own​ ​enquiries.
Such​ ​enquires​ ​should​ ​include,​ ​but​ ​in​ ​no​ ​way​ ​limited​ ​&​ ​directed,​ ​to​ ​your​ ​legal​ ​representative,​ ​any​ ​local​ ​authorities,​ ​the​ ​Contract​ ​of​ ​Sale​ ​and​ ​in​ ​the​ ​event​ ​of​ ​a​ ​Unit,​ ​Strata​ ​Title​ ​or​ ​Community​ ​Title,​ ​refer​ ​to​ ​the​ ​Body​ ​Corporate,​ ​Community​ ​Management​ ​Statement​ ​&​ ​Disclosure​ ​Statement​ ​for​ ​any​ ​information​ ​on​ ​the​ ​property,​ ​Common​ ​Property​ ​&​ ​Exclusive​ ​use​ ​areas,​ ​that​ ​may​ ​directly​ ​or​ ​indirectly​ ​affect​ ​this​ ​property.