Four units in Eureka Village are for sale, 7,37,39 & 48.

Each of the units has an air-conditioned lounge/kitchen, bathroom/laundry and one bedroom with built in wardrobes. Private patio, the complex has a clubhouse/dining room, communal laundry with machines. Covered outdoor communal area. Tenants can cook at home, or use on-site chef and dining room! Very attractive setting and gardens. Opposite Clifford Gardens shopping centre. On bus routes, plenty of parking.

The on-site managers are excellent in looking after the property and the gardens and overseeing the kitchens, organising outings and entertainment, and they really care for the occupants under their management. People live here because it is semi supported living. Most retirement units have some form of ownership where you lose money when you sell. These units are strata titled so you own it, and can sell it anytime you want to like any regular sale.

Investors: Here is an opportunity to purchase a unit, with a positive cash flow from day one! Let your tenants pay the properties off for you. All you need to do is to wait for the capital appreciation and rent increases.

The units are currently rented for $520 each per fortnight with leases in place. Body Corporate fees including both Administrative and Sinking Funds are $1347.46 per unit per quarter. Rates are $1027.51 per unit per half year and water access is $314.59 per unit per half year. anagement fees are 8% + GST on rents collected.

Existing tenants want to stay, and you will take over the existing lease. There is also usually a long waiting list of prospective tenants (currently 80 waiting to get in).

These properties are very worthy of an inspection, arrange an inspection today, you’ll be glad you did. (photos are for reference only).