An opportunity to purchase recently completed six stand alone units located in the fast growing suburb of Sorell.

Sited in a elevated position with panoramic vista of Sorell and water views beyond.

The units have various configurations and are both single and double storey.

The current rentals vary from $350.00 to $370.00 per week.

All the units are leased under the National Rental Authority Scheme (NRAS) to the current tenant for a 10 year period, 9 1/2 years still remaining.

This proposal is ideal for an astute investor seeking guaranteed returns or trustees of self managed superannuation fund.

The current rentals show a yield of 5.2% with the first 4% rental increase due in six months time increasing the yielding to 5.4% with subsequent annual increases.

This type of guaranteed investment proposal rarely becomes available.

Property is to be sold as a total of 6 units due to the current commitment with tenants and cannot be individually sold.