LOCKED AWAY: 3YR LEASE IN PLACE + 2 x 3 YR OPTIONS / SECURE INVESTMENT PROPERTY / ACHIEVE 10.2% RETURN
This perfect investment ticks all the boxes and offers a long term corporate tenant for potentially the next 6 years +. This property will achieve an ROI of 10.2% return per annum from the next rent review in September. Located a 5 minute drive from the Karratha CBD, this secure 3 bedroom 1 bathroom free standing home is the ideal "set and forget" investment property for any investor.
Features Inc:
- 3 Bedroom 1 Bathroom brick home
- Security on all windows
- Large, fenced BG pool with U/C entertaining area
- Master bedroom enjoys its own B/IN robe
- Built in robes in Minor bedrooms
- Double carport
- Easy care gardens on auto-reticulation
- Lock-up shed
- Fully air-conditioned
This home offers companies a secure living option for employees and as such it commands an outstanding rental price and lease term on the corporate market.
This property is currently leased at $1500/wk, with a rent increase due in Sep 2011.
If your looking for the ideal positively geared investment property with strong lease terms and security? - Look no further!
Call Mark Pages-Oliver for further information today.