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SOLD! INVESTMENT SUITE in RESIDENTIAL AGED CARE (Nursing ...

LOT 44 / 8-12 Nolan Street , FRANKSTON VIC, 3199

Sold

Property Sold in LOT 44 / 8-12 Nolan Street , FRANKSTON VIC, 3199

ASL Real Estate

130 High Street, Kew, VIC 3101

Listing ID:
11354786
Status:
Sold
Price:
SOLD!
Last Updated:
29/08/2019
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Property Type

Medical/Consulting/Other/Hotel/Leisure
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Land Area

N/A
Icon size

Floor Area

22 SQM
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Parking

N/A

SOLD! INVESTMENT SUITE in RESIDENTIAL AGED CARE (Nursing Home) 6.5% RETURN

This suite is separately titled and located in a luxury, well-run and prestigious, purpose-built aged care facility catering for the elderly and adults who require day to day support and care.

This unit is available now to the astute investor seeking a low maintenance investment. There are many advantages of investing in strata aged care suites:

- Facility has been in operation for over 15 years
- Long leases - 10 years plus 10 + 10 commenced October 2011
- Rent paid if unit is occupied or not
- Freehold Title
- Water rates, Council rates and Insurance paid by the tenant
- CPI increases annually
- Commonwealth Government Funded Facility

Unit 44
Rent $12,416.61 plus GST per annum
Price $192,000

***********

ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.

By sending an enquiry to Australian Sales and Leasing you agree to be marketed to in the future for similar properties through email alerts/sms messages. This is at NO COST to you and at any time you wish to cancel your subscription please simply reply STOP.

http://www.consumer.vic.gov.au/duediligencechecklist

For more details, please email agent

ASL Real Estate

130 High Street, Kew, VIC 3101


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