• 18 brand new ‘bottom-drawer’ true passive investments – buy one or more
• 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 comprises 4 studio bedrooms all with ensuites, plus its own communal facilities
• Strategic location surrounded by popular amenities
• Guaranteed annual rental growth
• Unique market opportunities with an initial estimated 5.0% net return (excludes Body Corp & Rates) - these will not last long!
RE/MAX Projects Marketing Team is excited to bring these brand new opportunities to the market at 57 Henderson Valley Road, offering 18 freehold unit title investments for sale – to be sold separately.
Completed in January 2021, the opportunity consists of 18 units spread across three separate buildings (six units per building), and within each unit comprises four studio bedrooms all with ensuites, plus its own communal kitchen, laundry and lounge facilities, with allocated car parking. The investments benefit from a minimum 9-year lease to an experienced property management company, who subsequently sublease the property to a Government-funded Community Housing Provider under service agreements with the Ministry of Housing and Urban Development.
Well-situated in Henderson Valley Road within walking distance to Henderson Train Station and WestCity Shopping Centre, a range of additional nearby amenities including bus stops, schooling and public facilities highlight the strong fundamentals of this high growth location.
With each unit returning an initial estimated net rental of $67,227 + GST per annum (excludes Body Corp & Rates), take advantage of these unique market opportunities - a long term, Government-funded tenanted investment, at an est 5.0% net return.
Contact the listing agents for further information regarding these brand new unique investments.