Unique Opportunity; Government Backed Positive Cash Flow Investment With A 7 Year Lease
Property ID: 20005203
Purchase Price $1.69 M
Rent $135K Net P.a
Yield 8% Net
7 Year Lease In Place with a 7 Year Option
Funding through the Federal Government NDIS Scheme
Brand New, Full Depreciation Benefits Available
Meets SMSF requirement of a single contract
Estimated cash flow positive by approximately $400 per week*
Can be strata titled into 4 separate dwellings and sold separately after the leases expire.
This opportunity will be gone in the next 24 to 48 hours, so you will need to act fast.
Lock in positive cash flow for the next 7 years, with an option in place for 7 more. This purposely built residential accomodation can house up to 7 people at a time. Most outgoing are covered by 3rd parties and rent increases are built into the lease agreement to be in line with CPI or 2% p.a, whichever is lower.
2 Dwellings with 4 units
3 bedrooms with built in robes
Carers bedroom with built in robe & en suite
147m2 internal + 28m2 covered external
Dwellings 2 to 4 each have;
Bedroom with built in robe
51m2 internal + 7m2 covered external
Other property features
Fully equiped disability bathrooms
In ground pool
Covered access to both building
Light rail 200m
Bus stop 200m
Dozens of Restaurants and Cafe's within a 1km radius
Large shopping centre 1.9km
Public pool 3.2km
Hospitals 1.4km, 4.7km and 5.9km
Within a few minutes drive are 3 additional Shopping centres, Chemists, Medical Facilities, several Schools and Childcare facilities.
For further details call Matthew Barnes now on 0430 979 900.
* Based on an annual income of $87K to $180K, borrowing the full purchase price + all costs associated with the purchase including stamp duty. Results will vary depending on individual circumstances so we recommend you consult your accountant to obtain an accurate figure for your circumstances.