Block of Units Sold
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Developer Liquidates! Completed Block of Units - Fully Leased Building!Property ID 1509791Conveniently located in booming Southport, walk to light rail station, only minutes to CBD, Broadwater and all other facilities. Fantastic opportunity to own an entire brand new unit block that has the benefit of full depreciation and builders Guarantee. High growth position with extremely high rental demand. Suit permanent or holiday rentals, live in one and collect rent on the others.
* Brand new build
* 8 State of the Art units, all units are ensuited and air-conditioned
* Solid income return, gross annual rental $198,640 per annum
* 6 x 2 bedroom units (Permanent tenants leased at $450.00 - $470.00pw each)
* 2 x 3 bedroom units (Permanent tenants leased at $550.00 pw, each)
* All with ensuites
* Air-conditioned main bedrooms and living areas
* Architecturally designed 2 level building
* Ground level undercover parking
* Dynamic Depreciation Benefits
Finished & ready for inspections! Contact David or Rob today for a copy of the Information Memorandum or to arrange an inspection.
Ray White has not independently checked any of the information we merely pass on. We make no comment on and give no warranty as to the accuracy of the information contained in this document which does not constitute all or any part of any offer or contract by the recipient. Prospective purchasers / lessees must rely on their own enquiries and should satisfy themselves as to the truth or accuracy of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. No duty of care is assumed by Orchid Avenue Realty trading as Ray White Surfers Paradise Commercial divisions toward the recipient with regard to the use of this information and all information given is given without responsibility.