1 Year old, leased investment, quality construction with further development potential.

* Prime Location
* Land area – 587 sqm
* 6 x 1 bedroom units (operated as 12 dual key short term units, fully furnished, fully self contained)
* 223m2 commercial with 5+5+5 yr lease to Day Spa – $145,600 gross commencing 18/02/2008
* Quality construction in in full concrete /render
* Foundations & engineering for aditional height limits/density as the area changes (up to 10 storeys).
* Potential to add approx 150m2 of office space at the rear
* Strata title ready
* Income approx $340,000 net (subject to letting configuration)
* 16 + 1 disabled secure car parks + 2 small motor cycle /storage
* Strong depreciation/tax benefits