Reluctantly the Vendors are offering this complex for sale having been in situ since 1998. Kept in excellent condition the business offers income growth potential and a steady rental pool. 2 more units have just entered the rental pool in the past twelve months.
Occupancy rate is maintained at 100%. Body Corporate salary increases by 5% annually and the Agreements were recently topped up to 21 years.
This gated and fenced community is handy to a range of facilities and provides easy access to the motorways.
Please contact Jim Prentice 0412 984 684 or E jimp@raas.com.au for more information.
Very neat & tidy complex.
Rental pool grew by 2 this past year.
Walk to railway station and buses.
Roomy rental units make for easy renting. Vacancies very rare.
A copy of the Sustainability Declaration is available on request from the agent.