**INVESTORS DREAM!! LONG TERM LEASE 5 YEAR Lease (with 7 x 5 OPTIONS)**
A property with a LONG TERM LEASE!
* 5 YEAR LEASE (with 7 x 5 yr options)
* TENANTED...that's right tenants are all settled in
* THE ASKING PRICE: FROM $360,000
* THE RETURN over 5%, based on the above numbers
* $370 per week RENT with a 2% increase per year
*Rent Anniversary being 18th Aug 2018 - NEW Rent from that point is $377.40 p/week
Investing in this property is a great option for the more cautious investor, as some of the variables such as tenant movements, rental income, and property management fees are more stable.
Another great thing about purchasing this property is that it is complete, so you can inspect what you are purchasing before committing and there are no vacancy rates as the property is currently leased with a long term lease.
Property Location
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Listing Agent
Michelle Anne Wilkinson
Since emigrating from Scotland in the late 80’s, Michelle has gained almost 26 years of Real Estate experience in Australia. From First National Group to Roy Weston to running her own...
- 1300 187 894
- 0400 027 286
- michelle@pebrealestate.com.au