ABSOLUTELY THE BEST RETURNS FOR YOUR MONEY!

You want to beat the recession, rentals on these new units will return up to $88,400 per annum, and the rental valuation by a licenced valuer is available on request.

Here is the chance that won’t come your way again! This type of property doesn’t usually reach the market, it is snatched up by large concerns as a whole group before you would even hear about it!

At a price of $770,000 each, the rental return is ubelievable, but true! This is based on current market rental valuations, and is in line with returns from other properties on the island. With a 200 unit shortage of accommodation for government staff, the island is crying out for new unit developments. Be in on this one or you will certainly regret it!

Consisting of 5 very spacious strata title units of 161m2 on a 1195m2 block just behind the commercial precinct, with ocean views to Horn Island, you may purchase the whole development or as separate units.

Each unit has three large built in bedrooms, one with walk in robe, a separate bath and shower, separate toilets up and downstairs, separate laundry, large living and a great kitchen. All fixtures and fittings are energy efficient, with fixed shutters to the Western windows in compliance with climate control design.Two bedrooms upstairs open onto the balcony with ocean views to catch the breeze. Carports for all units are included.

Contact the listing agent for plans and specifications.