This investment property is NOT a Defence Force Housing investment property but has a much higher return and no management fee!
This purpose built home is leased to a State Government sponsored organisation on a long lease with CPI increases has 8 years to run. With a guaranteed rental income providing a gross return of 6% and funded by the State Government and NO MANAGEMENT FEES, this is the ideal investment opportunity.
With close proximity to the Dairy Farmers Stadium, newly extended Willows Shopping Centre, Cannon Park, Willows Golf Course, numerous private and public schools, the new Riverway Waterpark plus motorway is primely positioned for future above average growth.
This home features four oversize bedrooms, two large living areas and an oversize kitchen. Situated on a 699 sqm block in a quiet court of high quality homes makes this a very attractive purchase.
Key features:
* 4 Bedrooms all airconditioned
* Main Bathroom with 2 W.I.R. & generous ensuite
* 2 Large Living areas with air-conditioning
* Open Plan Living
* Ample parking
* 2.7m ceilings
* Close to all amenities
**A Sustainability Declaration prepared by the seller will be available upon request for this property at point of inspection**