The Perfect Investment

• 15 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.
• Strategic location situated next to the Buddhist Temple and surrounded by popular amenities including the brand new Ormiston Town Centre.
• Guaranteed annual rental growth.
• Unique market opportunities with an initial estimated 5.0% net return – these will not last long!Aidan Hill from RE/MAX is excited to bring these brand new opportunities to the market offering 15 freehold unit title investments for sale – to be sold separately. Due for completion mid-late 2021, these opportunities are spread across 5 buildings. Each Unit (from 1 to 15) is a whole floor in a building and includes the following:
  – 5 bedrooms, 5 ensuites, communal kitchen, laundry and lounge
  – Allocated car parks
  – Each unit returns an estimated annual net rental of $83,514 with a 9 year lease term and priced at $1,670,000 (plus GST, if any).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 under service agreements with the Ministry of Housing and Urban Development.Well-situated off the main intersection of Chapel Road and Stancombe Road next to the Buddhist Temple, a range of additional nearby amenities include bus stops, schooling and public facilities – highlighting the strong fundamentals of this high growth location. Ormiston Town Centre, opened in 2021, is located a short drive away from 169 Chapel Road.Take advantage of these unique market opportunities – a long term, Government-funded tenanted investment at an estimated 5.0% net return.Amenities
  Close to Transport
  Close to Schools
  Close to Shops Ormiston Town Centre
  Bedrooms 5 Bedrooms
  Bathroom 5 Ensuites