Lot 2 Westminster Retirement Home comprises a total gross floor area of approx 50sqm and includes 2 individual fully furnished Suites. Each has a separate entrance and their own bathrooms (but no cooking facilities (only a Toaster, Jug and Microwave) and are rented at $210 per week each. Occupants must hold a Pension Card and/or an Invalid Pension Card.
Currently returning Gross Rents at $420 less outgoings for On Site Manager and Body Corporate and Management Fees.
Excellent affordable accommodation for singles on an affordable budget in a very convenient location. This is a rare investment opportunity.
Walk to train, shops and bus plus the new Woolworths Shopping Centre in Annerley.
For more information please Contact Tom Sumbulla.