This large six year old home, presently earning $31,860 p.a., comes with a long term commercial lease indexed to the CPI and is adjusted 1 October annually. It has been especially designed and constructed for people with disabilities including those requiring wheelchairs and has wider doorways and bathrooms as well as open plan living spaces. Leased to a leading care provider, this property is a guaranteed long term investment.
Designed for people with disabilities under the Act.
Seven years left on a 3 + 3 + 3 commercial lease.
Tenant repairs and repaints any minor damage.
Extra sinks and toilets in bathrooms.
Niche undersupplied market.
699sqm block.
If you are looking for a solid performing investment with potential for good capital growth and minimal management, this will be hard to beat.
A copy of the Sustainability Declaration is available upon request.