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HIGH YIELDING INVESTMENT

120 Warrah Drive, TAMWORTH NSW, 2340

For Sale

Property for Sale in 120 Warrah Drive, TAMWORTH NSW, 2340

Listing ID:
11374530
Status:
Under-offer
For:
Sale
Price:
Auction - 18th February 2020
Last Updated:
19/02/2020
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Property Type

Medical/Consulting
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Land Area

853 SQM
Icon size

Floor Area

395 SQM
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Parking

N/A

HIGH YIELDING INVESTMENT

Burke & Smyth Commercial are pleased to offer for Auction as a whole or separately 120, 122 & 124 Warrah Drive, Tamworth. These are newly constructed homes for people with disability, with two of these homes built to meet the Fully Accessible Specialist Disability Accommodation requirements under the NDIS. The homes have been leased to Enlarge Living; and they work closely with Brighter Access who provide 24/7 Supported Independent Living to the participants who reside there. These are high yielding investments offering long term leases and good depreciation benefits.

-Current lease term: 10 years + 5 years + 5 years
-Net Rent: $127,000 Per Annum
-Outgoings: Paid by the tenant
-Annual Increase: CPI
-Circa 9 - 9.5% Net Return
-Tenant: Enlarge Living Group Pty Ltd
-Land Size: 853m2

For more details, please email agent

Burke & Smyth Real Estate

263 Peel Street, Tamworth, NSW 2340


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