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Offmarket

Brand New Positive Cash Flow Block Of 8 Units That Meets SMSF Requirements

Property ID: 16050105
Purchase Price $1.4 Mil
Rental return $2,000 per week
Gross Yield 7.42% + and full depreciation
Recently completed
Vendor Finance Available

Meets Self Managed Super Fund requirement of a single contract.

Each Unit Has;

* 1 Bedroom with built in robe and ceiling fan;
* 1 Bathroom;
* 1 Parking space;
* Living area with air conditioning & fan;
* Patio area
* Microwave oven
* Fridge
* Clothes dryer

The complex has a full security package, swipe card entrance into the front gate as well as into the entrance to the block.

There are low vacancy rates of just 2%.

FACILITIES NEARBY

* Shopping centre with Coles 250m;
* Bus stop 350m;
* Childcare 350m;
* Aldi 500m;
* Bunnings 500m;
* Hungry Jacks, Red Rooster, McDonald's, Subway and KFC all within 500m;
* High school 800m;
* Private school 500m;
* TAFE College 700m;
* Cinemas 700m;
* Primary school 1km;
* Library 1.2km.
* Woolworths 1.5km;
* Hospital 1.6km & 2.75km;


As this is a developer direct purchase no buyer's agency fee applies.

For further details call Matthew Barnes on 0430 979 900.

Matthew Barnes

Enquire Now

Land Area: 1215m2

Type: Residential, Block Of Units

Investment Strategy: Positive Cash-flow

Gross Yield: 7%+

Estimated Cash Flow: $267 per week

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Matthew Barnes

Enquire Now

Land Area: 1215m2

Type: Residential, Block Of Units

Investment Strategy: Positive Cash-flow

Gross Yield: 7%+

Estimated Cash Flow: $267 per week