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Location:

120-124 , Warrah Drive, TAMWORTH, NSW

Price:

$3,575,000

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High Yielding Investment Opportunity

Type: FOR SALE

Property Features
  • Category : Other
  • Land Area: 2275 Square Metres
  • Building Area: 1095 Square Metres

Property Description

Burke & Smyth Commercial are pleased to offer for Sale as a whole 120, 122 & 124 Warrah Drive, Tamworth. These are newly constructed homes for people with a disability, with two of these homes built to meet the Fully Accessible Specialist Disability Accommodation requirements under the NDIS. The homes have been leased to Enlarge Living; and they work closely with Brighter Access who provide 24/7 Supported Independent Living to the participants who reside there. These are high yielding investments with a total net return of $347,000 Per Annum offering long term leases and good depreciation benefits.

- Net Income: $347,000 Per Annum
- All outgoings paid by the tenant
- Placed over 3 titles: 120, 122, 124
- Long term net leases: 10 x 5 x 5
- Strong depreciation benefits
- Quality location and position
- Circa 9.7% - 10% Net Return


**Please not these properties are only available as a whole package and not available for separate purchase**

Property Agent

Advert Id:88933

Name: Gavin Knee

Phone: 02 676 ****

Burke & Smyth
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