*Information Memorandum Available on Request*
Completed in 2022, this fully tenanted, state-of-the-art apartment building is ideally positioned just 600 metres from Peninsula Fair Shopping Centre in Kippa-Ring. Purpose-built to an exceptional standard, the development features luxury finishes, high ceilings and extensive automation throughout, including automated doors, blinds, lighting and air conditioning.
Designed to ensure strong long-term occupancy, each apartment exceeds standard SDA design requirements and incorporates increased living space, ceiling hoists, and full home automation including doors, lights, fans and air conditioning. This exceptional property combines quality, comfort and convenience, delivering a superior living environment for residents and a secure investment opportunity for owners.
Income Summary
Gross Income:
$407,183 p.a. (with potential to increase to $469,296 at max enrollment)
Outgoings:
General Outgoings: $14,800 p.a.
Management Fee (12.5% incl. GST): $50,897.91 p.a.
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