Habitat Byron Bay – Investment Opportunity

Details

Brand New Mixed use terrace within the Habitat Community

Strata Titled lot including use of 1 resident car space and 1 visitor car space
DA approved for Residential AND commercial / retail use
New 3 year lease, commenced 1st March 2019
Annual rent increases Fixed at 3%
Option to renew for further 3 years
Rented on commercial lease
Gross Rent of $52,142.86 per annum
3 Months Bond held as security deposit
Personal / Director Guarantee
Leased to Apex Outdoor: Apex.com.au Furniture Supplied
ESTIMATED OUTGOINGS
Strata and Council yet to be rated/levied. Estimate is based on identical neighbouring properties.
Strata Levies $1329 per ¼ (plus GST)
Council + Water Rates : $546 Per ¼ (not subject to GST)

For Sale $830,000 (including GST)
(note: some purchasers may be able to claim partial GST refunds consult a qualified adviser to confirm)