Are you looking for a secure and lucrative investment opportunity? Look no further than 63 Dandenong Rd East, Frankston, a newly built, double-storey property featuring 9 individually tenanted rooms. This exceptional investment offers a gross income of $161,600, yielding at least 8.5% annually, with an impressive 98.9% occupancy rate since its inception.
-Managed by Aquire Real Estate, ensuring a hassle-free experience for investors.
-Fully compliant with Class 1 B permits and registered with the Council, providing peace of mind.
-Land tax exemption and Division 43 depreciation benefits enhance your financial returns.
-Situated in the sought-after bayside area, close to beaches, shopping, cafes, parklands, and public transport links.
Purpose-Built Design: Crafted by industry leader construction, featuring high ceilings, balconies or terraces, and ensuites for each room.
-Reverse cycle air conditioning and heating in every room, with access to a central kitchen.
