Lot 511, $430,000, 8%pa = $34,400. fixed lease until 31/08/09 with 4×6 month option.
The homes are sold on a fixed initial leaseback term from settlement until the date shown above, with a vendor’s option to continue with the lease after this period until the Display Home is closed or all option terms are exercised. The homes are maintained in pristine condition, there are no agents letting or on going fees, no vacancy factors & the homes are not lived in during the life of the Display Village causing minimum wear & tear. Homes are especially chosen to suit the locality & then modified above base specification to provide a first class product from which our sales staff can operate. Accordingly, purchasers cannot move into the homes until the Display Village is closed. Rent is paid monthly in advance & can be directed to your mortgage account if required. The owner will be responsible for all regular statutory outgoings and home insurance. Distinctive Homes are responsible for electricity, gas & water. Be aware that rates for properties have not yet been apportioned as its possible that the council may levy the properties “commercial” for council rates during the period of our occupation.

Licence No: RLA 67929