Looking for an investment vehicle to provide you with maximum safety? Looking to “live-in”, can now be arranged under new management structure so call Liz on 0421 369 379 for details and provision of Monthly Statements, Rates and Annual Investor Return Statement.

Currently tenanted on periodic lease in high demand area close to transport with consistently high occupancy rate drawn from aged care sector. The complex is managed by SCV Group as a pooled investment under the Corporations Act 2001 enabling the pooling of the income and expenses from this 40 unit complex. Owner entitlement is 1/40 of the net income.

Current annual return of $7,908.28 paid monthly. Annual Brisbane City Council Rates $376.65/quarter. Body Corporate Fees are managed as part of the pooled agreement and unit is sold furnished.

Outgoings include: management fee (as per SCV Agreement), Body Corporate Fees, minor replacement and repairs not covered by insurance, excess payable in relation to any insurance claims and accounting and audit fees.

The Village Life System is the system under which certain aged care accommodation facilities are managed and includes the Intellectual Property and Management System.

The “live-in” option includes meals and an individual payment schedule can be arranged with management. Adjoining Villa Unit 05 is also available for sale – offers $110,000. The Wynnum/Manly area has high aged care tenant demand to fill this complex and keep your returns consistently high.

Wynnum West is situated 5 minutes from Brisbane’s beautiful Bayside lifestyle area. Situated between Wynnum Creek and Lota Creek, this part of the Bay is renowned as being the closest waterfront paradise with established infrastructure just 30 minutes to Brisbane CBD. Easy access to Gold and Sunshine Coasts via the Gateway Arterial (dual Gateway Bridge under construction), close to huge growth area of the Port of Brisbane, 15-20 minutes from domestic and international airports and 1-2 degress cooler with Bay breezes throughout the year.

If this is the investment vehicle or “live-in” option you’ve been seeking, don’t delay, call or email today.