Leasehold

New 30 year Lease. Strong track record. YIELDING 33.5 % - TAKE A LOOK!!

$605,000 +SAV
Area: Dubbo Code: LH:ACM:JIM

 

For further details contact

Jim McDonald: 0433 143 308

Email:jimmcdonald888@bigpond.com

Features

  • 3.5 star Industry rated
  • NEW 30 year lease
  • 23 Units - some with kitchens
  • 2 bedroom residence (one with an ensuite). There is the option of a third bedroom.K itchen/family, private office, bathroom, separate toilet and breakfast dining room for guests (this can provide the option of a third bedroom)
  • Great location close to restaurants, CBD and Zoo
  • Wifi/Austel/BBQ and pool area
  • Land and DA approval for 6 extra units is an optional extra owner is prepared to develop these units if required by the tenant
  • Three large developments approved, rare earth mine, doubling the size of an existing goal and two solar farms
  • RENT: $160,000 + gst

Turnover

  • 2015/2016: $585,000
  • 2014/2015: $507,787

Profit

  • 2015/2016: $203,543