Fantastic investment for those seeking;
– Low initial outlay of $210,000
– Cash flow positive return with rental of $15,290
– Depreciation benefits
– Long term tenant (current 5 year term started August 2014 and allows for 4 x 5 more years.
– 3.5% annual increase
– Landlords annual expenses approx. $3,620
– Blue chip tenant (Quest Pty Ltd)
– Net return 6% approx
– Premium location in the heart of Warrnambool