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Looking for an investment that provides guaranteed rental income? 169 Chapel Road offers exactly that. Benefiting from a Government-funded Community Housing Provider, these investments are ‘Lockdown’ bulletproof. The property is not being occupied? Partly Vacant? Not a problem – as a landlord you still will get your guaranteed rental!
Highlights include:
• 15 brand new ‘bottom-drawer’ true passive investments – buy one or more (Block D now SOLD)
• Strong tenant covenant supported by a 9-year lease term to a well-established property management company and subleased to a Government-funded Community Housing Provider
• Each unit block (whole floor) comprises 5 studio bedrooms all with ensuites, plus its own communal facilities
• Strategic location situated next to the Buddhist Temple and surrounded by popular amenities including the brand new Ormiston Town Centre
A golden opportunity not to be repeated. Now selling whole floor investments with guaranteed government-backed rental income. Due for completion in September 2021, the opportunity consists of 15 units across 5 buildings (three units per building), and each unit is a whole floor comprising five studio rooms all with ensuites, plus its own communal kitchen, laundry, and lounge facilities. The investments benefit from a 9-year lease to an experienced property management company who sublease the property to a Government-funded Community Housing Provider.
Well-situated in a strategic location surrounding by popular amenities including the next-door Buddhist Temple and the nearby brand new Ormiston Town Shopping Centre, schooling and public facilities highlight the strong fundamentals of this high growth location.
With each unit returning an initial estimated net rental of $83,447 + GST per annum, take advantage of these unique market opportunities - a long term, Government-funded tenanted investment at just under a 5% net return.
Stage 1 already sold, Stage 2 now selling - buy now and retire young, retire rich!