* Unsurpassed opportunity,
* Rarely opportunities of this calibre appear on the open market.
* 9902m Premium corner site with main road frontage.
* 40 Years remain from original 50 year lease to National Retirement Village Operator.
* Net Lease, tenant pays 100% outgoings. Annual CPI review. Rent cannot decrease.
* Current Net Income $ 85,672.00 + GST
* 43 Villas onsite, pool, BBQ area, bowls, community area, over 50 car spaces.
* Two level brick office and indoor recreation area, library, hairdresser, etc.
* Fully landscaped gardens, fully fenced site, concrete pathways to villas.
* Neighbouring Regis High Care Greenbank facility.
* Surrounded by substantial residential suburb and commercial in Browns Plains.
* Unbeatable passive investment opportunity.
* Contact Exclusive Agent Manoli Nicolas on 0400 082 170 for inspection Today.

PRICE: For Sale via Offers to Purchase, closing 06/07/2018 5pm (unless sold prior)
LAND AREA: 9,902 m

Location:

Boronia Heights is bounded by the suburb of Hillcrest, Middle Road and Coronation Road in the north, the Mount Lindesay Highway and the locality of Park Ridge in the east, the locality of Greenbank, Middle Road and Hunter Road in the south, and Moody Road and the Brisbane-Sydney railway line in the west. It is ideally located within a few minutes of Grand Plaza Shopping Centre. With plenty of shops of its own and with a healthy public transport system, this is an attractive, leafy quiet suburb with lots of schools and childcare facilities as well as parks. Major features of the area include Boronia Bushland Reserve, Highland Park, Middle Park, Tovey Park, Boronia Park Shopping Village and Boronia Heights State School.