One minute on the calculator will tell you that buying this property will be almost neutrally geared.

What a special opportunity!

Leased to a secure government tenant with a 5 + 2 + 2 year lease at a rent of $44,800 + GST + some variable outgoings.

TWO STREET frontage between Dixie Road and Albany Highway on 2274 SQM block zoned R25/40.

Two separate buildings with many, many future options to develop extensively and retain the current buildings. Please call me to discuss the possibilities in depth.

Could be a good earner for a retiree as well (let’s face it banks aren’t paying much these days!!) Plus future development.

It’s hard to believe that you can hold this blue chip property at a very low out of pocket cost and with a super government tenant locked in.

* This property to be sold as a going concern.

Call Luke now!!

PLEASE Under no circumstances go onto the property without an appointment as the current tenants are running a private practice and all inspections are strictly by appointment with Luke.