TENANTED INVESTMENT -Unique investment opportunity within the thriving Habitat Community

Details

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Tenanted Investment Opportunity

Brand New Mixed use terrace within the Habitat – Byron Bay 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 1 year lease, commenced 1st March 2020
Option to renew for further 1 years
Rented on commercial lease
Gross Rent of $52,200 per annum
3 Months Bond held as security deposit
Personal / Director Guarantee
Leased to Compost Central
DA Approved and certified for part of the lower level to be converted to a second bedroom/living space
Includes furniture

ESTIMATED OUTGOINGS

Strata Levies: $1531 per ¼ (plus GST)
Council Rates: $578 per ¼
Water Rates : $172 per ¼ (not subject to GST)

For Sale $840,000

(note: As this property has a residential component, it can not be sold as a going concern. Some purchasers may be able to claim partial GST refunds consult a qualified adviser in relation to any elligibility for claims or rebates of GST)