Long company lease, currently leased at $1800 per week giving you an 11% return. Brand new villas are hard to find but this executive development provides a rare opportunity to own a blue chip investment that would fit nicely into the astute investors portfolio. With a secure two year, companies love these villas which are in high demand. Leased to a government body, this makes for a fantastic opportunity to lock in a positively geared property.
This development will set the trend for quality city style apartments; architecturally designed and thoughtfully created to cater for the accommodation requirements of a busy and bustling, developing city to be. Only quality fittings and fixtures will do for this modern funky apartment. This villa will assist with accommodating the growing population created by the booming mining industry and developing town infrastructure.
The villa boasts its own private balcony or alfresco area plus two secure car bays and even a corner store that completes this picturesque development. Quality accommodation attracts quality tenants with quality leases. The returns look good at 11% but get much better with an estimated $13,000 depreciation benefits and that's only in the first year!
This Lawson Street complex is complete with quality two by two and three by three bedroom villas and four 100sqm commercial units that are located on the ground floor. Not many of these fantastic villas remain and this one has the advantage of a long lease with a quality government tenant making it a 'security plus' investment.
BHP has committed to build a five billion dollar outer Harbour.
Contact your listing agent now!
