Secure Residential Investment with 10 year lease to the QLD Government affordable housing scheme. Returns are approx of $195,000 per annum gross. New building with very large depreciation incentive,

This well designed block of 16 studio apartments are situated in the inner city suburb of Yeronga which offers both comfort and convenience.
The units are rented to anybody who meets the criteria for affordable housing set out by Council and they are mostly rented to TAFE College students.
Features are 1 bedroom, 1 bathroom, fully air-conditioned and single car park with security system. The designer kitchen opens to a good size balcony with city views through glass sliding doors.

Make this property your superannuation investment.