Safe & Affordable Investment Unit. Great Location & Great Returns. 12+% Gross.

55-59 Drayton Road, Harristown, 4350

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87,500 AUDEst. Mortgage: AUD 615/monthFor Sale
  • Ownership Type Unit
  • Property Area 44 sqft
  • Bedrooms 1
  • Bathrooms 1
  • Furnished No
  • Last Updated 8th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Courtyard
  • Air Conditioning
  • Built-in Wardrobes
  • Living Areas: 1
  • Toilets: 1

Property Overview

This is an ideal low-risk investment property. Get into the market or boost your portfolio by investing in safe and affordable housing for the booming seniors market. The over 55's market for affordable accommodation offers security of tenancy with long term leases. Tenants often stay 5+ years, these long periods without vacancy maximize your returns.

One bedroom unit for sale in the purpose built over 55's 'Village Life' complex on Drayton Road, Harristown. Open plan living and dining area at the front of the unit. Good sized kitchenette with plenty of bench and storage areas divides the two main spaces. At the rear a large, separate bedroom with built in wardrobe. Bedroom opens out to a private courtyard with room for the resident to sit and enjoy the outdoors. Ensuite style bathroom with flat floor in shower, internal laundry faculties including laundry tub and connections and room for washing machine.

Bricks and Mortar property offers security. These over 55's units offer extra security as the vast majority of the tenants are age pensioners who are supported by the government to pay rent. Invest in the largest growing demographic and provide safe and affordable accommodation for a senior whilst getting great returns.

The complex has great onsite staff which keep the village looking fantastic year round. Residents enjoy a social atmosphere but can keep to themselves if they choose. Extra services such as meals are available for the residents.

Rent $200 per week
Costs $114 per week

For more information please contact Daniel Scanlan 0499 227 551

Location on Google Map

55-59 Drayton Road, Harristown, 4350

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