An unmissable investment opportunity. Purchase this self contained apartment in a well maintained over 55's complex, Village Life, and reap the rewards of a long term lease providing a strong return approximately 9.5% gross yield.
This 1st level 3 bedroom, 2 bathroom unit, built as the managers accommodation, comes well presented with nothing to do and features large open living, a spacious master with ensuite, a balcony, air conditioning etc
A long term lease until 2032 with current rent of $19,124 per annum provides a solid opportunity for an investor or management company (Management rights lease will next be tendered approx mid 2014).
Amazing value that won't be here long.
