12/45 Altone Rd

Property Photos

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About this property

UNDER OFFER. MORE PROPERTIES WANTED. Investors rejoice at this truly rare opportunity of 9.6% yield ! Be quick - very last unit for sale. All other 11 units are sold out! ** SAVINGS OF 75% STAMP DUTY per WA government ** Interested parties to check with the authorities for your own due diligence. This exclusive 12- unit complex is located conveniently in Lockridge, only about 12 km from Perth CBD. Where WA government National Disability Insurance Scheme ("NDIS") funding supports home provision, this unique 12-unit stands out where "Jane Care" provides special accommodation to their clients in these 12 units, along with care, support as well as property management and leasing all taken care of for the buyers. The NDIS provides funding to eligible people with disability to gain more time with family and friends, greater independence, access to new skills, jobs, or volunteering in their community, and an improved quality of life. The NDIS also connects anyone with disability to services in their community. With a ten year corporate lease at above market rents that cover additional expenses, annual increases and make good arrangements, the returns on this investment are like no other! Outgoings, repairs, maintenance are all covered under this lease and with no management fees, this truly allows the landlord to be hands free in every way possible. This brand new first-floor unit comes with a spacious balcony, modern bathroom/laundry, a comfortable living/dining area, and even an internal storage area. The location of these units also boasts convenience no matter the lifestyle and occasion. Conveniently located close to many amenities, schools, public transport, Features: • Twelve unit complex • Well-appointed and laid out 2x1's just over 10km from the CBD • No management fees • Outgoings and all repairs and maintenance paid for • Make good provisions ("refresh reno" at the end of the lease) • $600/w NET + allowance for 3% rent increases each year • yield of 9.6% ($803/w equivalent rent if outgoings were not paid - i.e. a normal residential tenancy with insurance, management fees etc)* • After 10 years it is a net $783/w (9.36% yield) and equivalent rent of around $1048/w (12.52% yield)* Don't wait! Please contact Tris @ 0404 820 88 for inspection and further information,, or email to tris@assureproperty.com.au. Any queries about this property or if you would want a FREE MARKET APPRAISAL WITH FREE MARKETING for your home, please do not hesitate to contact Tris on 0404 820 888. DISCLAIMER: Whilst every care has been taken with the preparation of the information advertised here, neither the Advertiser, Agent nor the client nor servants of these, warrant its accuracy or correctness. Interested parties must make their own enquiries and satisfy themselves with every aspect. The information contained are not intended to form part of any contract. Images are for illustrative purposes only. Users of this advertisement must do their own due diligence and absolutely no liability and/or no responsibility will be assumed by the Advertiser/Agent/Associated Parties etc.

Property Features

Location & Nearby

Approximate location shown. Contact agent for exact address.