I have a unit in India, no mortgage on it and currently valued at round 100,000 AUD. It is currently tenanted and getting around 150 aud per month (I know, it is pretty low, that's why the question). The max CG on the property has almost reached and here on it looks pretty flat.
My PPOR in Sydney has 432K mortgage remaining and I have an 100% offset account.
I have two options:
- Keep the unit leased and get the rental as the income.
- Sell it, get the money here put in the offset account.
Which option is more financial sound? Please ask more questions if I have missed some important details.
My PPOR in Sydney has 432K mortgage remaining and I have an 100% offset account.
I have two options:
- Keep the unit leased and get the rental as the income.
- Sell it, get the money here put in the offset account.
Which option is more financial sound? Please ask more questions if I have missed some important details.