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If the banks and the share market cause you sleepless nights, there really is a better alternative! Property with guaranteed income (currently returning $240 per week) from the day of settlement plus the security of a lease at until March 2018 with possible future capital gains is the way to go.
This is a nice neighbourhood, surrounded by established homes. Keen investors will know the great appeal Somerset has, especially along the Esplanade, which is a proven and high demand location given the beach and boardwalk is across the road and the close proximity to all of Somerset’s amenities.
Located amongst a quiet villa complex of just four your newfound prized asset offers relaxed single level living with a very functional and easy layout - sure to impress those looking for a quality low maintenance unit. The 2 bedrooms have built-ins, the large open plan kitchen and living area has electric heating. The bathroom is a nice size and has a separate bath and shower, as well as a separate toilet.
There is a single garage with internal access and an area for an additional car to park. Easy care grounds surround the unit.
If it's all about the position and you are in the market for a great little money maker, then this is top of the list. Talk to you soon!