OFFICIALLY UNDER CONTRACT

1/4 Livingstone Road, Petersham

The Feel:Sensational return for this extremely affordable investment. Brand new 5 year x 5 year lease. Maintenance free holding with great income. Tenant pays all outgoings except council rates. 3 months bond + personal guarantees for the duration of the lease (10 years) Features of tenancy include: Brand new development with own kitchen & bathroom + airconditioning Fantastic secure tenant Huge depreciation allowances Exceptional yield Term: 5 + 5 years expires 15th September 2024 Option to September 2029 RETURN: $20,800 PA + GST Outgoings: Tenant to pay Increases: @ CPI annually Security: 3 months bond + personal guarantees Outgoings: tenant pays all outgoings except council rates Auction: Saturday 28th March 2020 11am

Property Information

Property Type Retail
Building Size 45 m²

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