159 Mary Street

Grafton NSW 2460

SUPER FUNDS AND INVESTORS TAKE NOTE
IF YOU'RE LOOKING FOR A LOW MAINTENANCE INVESTMENT TO ADD TO YOUR INVESTMENT PORTFOLIO OR SELF MANAGED SUPER FUND THEN TAKE A CLOSER LOOK AT THIS FANTASTIC RESIDENTIAL OPPORTUNITY. LESS THAN 2 YEARS OLD, THIS SINGLE STOREY COMPLEX OF 4 VILLAS OFFERS AN EXCELLENT SPREAD OF RENTAL YIELD, MINIMISING VACANCY RISKS. ALL UNITS ARE PRESENTED IN AS NEW CONDITION AND HAVE A STRONG RENTAL TRACK RECORD. BEING SO NEW, THE COMPLEX OFFERS EXCELLENT DEPRECIATION DEDUCTIONS, WHICH MAY BE BENEFICIAL IN OFFSETTING INCOME TAX AND IMPROVE THE 'GEARING' OF THE INVESTMENT. WITH A CURRENT PROJECTED ANNUAL INCOME OF APPROXIMATELY $60,000, THOSE PARTIES BORROWING 75% (OR LESS) OF THE PURCHASE PRICE WOULD HAVE THE INTEREST COMPONENT COVERED*. IN ADDITION TO THIS, THE UNITS AREAPPROVED FOR STRATA TITLE SUB DIVISION AND SOLD OFF SEPARATELY TO FURTHER DIVERSIFY THE INVESTMENT. OPPORTUNITIES SUCH AS THIS RARELY PRESENT THEMSELVES SO MAKE SURE YOU GIVE SOME CAREFUL CONSIDERATION TO THIS PROPERTY. *INTEREST CALCULATED AT 7.25% ON $825,000 (75% OF ASKING PRICE) - THIS RATE OR BETTER AVAILABLE AS AT 17/11/2011. DISCLAIMER: THIS IS NOT INTENDED AS FINANCIAL ADVICE; IT IS MERELY SHOWN TO DEMONSTRATE DIFFERENT SCENARIOS. ANY PROSPECTIVE PURCHASER SHOULD SEEK THEIR OWN INDEPENDENT ADVICE AS TO THE SUITABILITY OF THE PROPERTY TO THE INDIVIDUAL CIRCUMSTANCES AND PROSPECTIVE PURCHASERS SHOULD MAKE THEIR OWN ENQUIRIES AS TO CURRENT INTEREST RATES, PROJECTED INCOMES AND OTHER COSTS. DEREK MORGAN : 0412 826 583