PROPERTY SUMMARY

Beds: 2 Baths: 2 Car Park: 2

PROPERTY DESCRIPTION

“Karmawaters is a beautiful residential building with 27 apartments over 3 levels.

Unit 23, located on the top floor has been home to a single tenant for the past 10 years. (vacant possession is available on settlement.)
Expected Rental is $450 to $470 per week.

Inspections by Appointment Only – Please call agent to arrange a time suitable to all parties.

• High ceilings in Master Bedroom and Living room
• 2 bedroom, 2 bathroom, separate laundry
• Tandem car space with storage cage
• Secure Access to car park and lift
• Air Conditioned Living and Master Bedroom
• Large Balcony with views to park
• Walk to shops and public transport
• Located next to the new Pelican Waters Marina project
• “Karmawaters” has a communal pool and BBQ area

Body Corporate Levies – for the period 1/8/20 to 31/7/21:
• Admin Levy $5322.45 les discount for pay on time of $1064.49 net of $4257.96
• Sinking Fund Levy $2063.22 less discount for pay on time of $412.65 net of $1650.57
• Insurance Levy $573.54 pa
• TOTAL LEVY FOR PERIOD IF PAID ON TIME WOULD BE $6482.07 PA

• Balance of Sinking fund as at 31/3/20 was $164,892.27
• Balance of sinking Fund as at 21/1/21 was $199,675.91

• Council Rates approx $2012 pa
• Water approx $1200 pa
• Electricity – paid by tenant – expect approx $1200 pa

For further information contact the Building Manager and the Listing Agent Chris Hinkly