Investment Opportunity
Brand New Mixed use terrace within the “Habitat” Community
• Strata Titled lot including use of 1 resident car space and 1 visitor car space
• DA approved for Residential AND commercial / retail use
• New 3 year lease, commenced 1st March 2019
• Annual rent increases Fixed at 3%
• Option to renew for further 3 years
• Rented on commercial lease
• Gross Rent of $52,142.86 per annum
• 3 Months Bond – held as security deposit
• Personal / Director Guarantee
• Leased to Apex Outdoor: Apex.com.au – Furniture Supplied
ESTIMATED OUTGOINGS
Strata and Council yet to be rated/levied. Estimate is based on identical neighbouring properties.
Strata Levies $1329 per ¼ (plus GST)
Council + Water Rates : $546 Per ¼ (not subject to GST)
For Sale $830,000 (including GST)
(note: some purchasers may be able to claim partial GST refunds – consult a qualified adviser to confirm)