Very rare opportunity for the shrewd investor to purchase a blue chip investment property close to town with a guaranteed rent return, including annual increases. This brick and tile home has 7 large bedrooms, 2 modern kitchens, 2 bathrooms, 2 large living areas and a double garage.
Majority of the home has been updated, with nothing to do but sit back and collect the guaranteed $764 per week. Currently leased to a Government funded organisation with 5 years remaining on lease with a further 5 year option period.
Great investment property with solid rental return, could possibly suit university housing in the future.