2 Abbotts Nest, Christmas Island is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 381m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
10% RETURN - NOW THAT'S SOLID AS A ROCK
This fine 3 bedroom, 2 bathroom, separate media/study/kids entertainment room has been on the market for ever - why? It is one for the investor as it is secure for the next 4 years at a current rent of $390 per week and soon to go up by 5%.
With the demands for housing on the island it makes perfect sense to secure this modern home, with little maintenance and BEST tenants - with the government involved at least you know your property will always be kept in excellent condition, rents paid on time, and know that when you're ready to come and retire to the island, you can walk right in and start living this warm, laid back lifestyle.
The size of Christmas Island is approximately 138.9 square kilometres. The population of Christmas Island in 2011 was 2,070 people. By 2016 the population was 1,860 showing a population decline of 10.1% in the area during that time. The predominant age group in Christmas Island is 30-39 years. Households in Christmas Island are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Christmas Island work in a trades occupation. In 2011, 44.3% of the homes in Christmas Island were owner-occupied compared with 42.8% in 2016.
Christmas Island has 709 properties.
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