Architect designed low maintenance Studio with excellent return on $300,000 investment
Located on the Eastern escarpment of Mount Ninderry with glorious ocean views
See the recently added photo of the view from the proposed pool
Reliable long-term tenant in place paying $400/week + all outgoings
Investment return 7% NET
4 x 3 x 3 Leaseback commencing at $400/week ($20,800 pa) adjusted annually by Brisbane CPI
Seeking cash purchaser without bank finance
NInderry Haven Trust (ABN: 48 380 786 991) is a Fixed Unit Trust with 24 shares; the total land area is 5 acres.
Studio B comprises 52m2 of area on the ground floor level of the Mount Ninderry Haven house; it includes 3 shares of the Unit Trust.
As the house--and Studio B-- are financed and secured by shares, a conventional bank would not provide finance for the Studio, and for that reason, the vendor is seeking a cash buyer.
Inspections by appointment.