High Yielding Investment Opportunity
Type: FOR SALE
- Category :
- Land Area:8657 Square Metres
- Building Area: 8657
- Tenancy: Vacant
Surat Basin Short Term workers accommodation.
With the influx of workers and projects into Miles and the soon to be completed upgrade of the Miles Airport, this opportunity is about to take flight. If you are looking for a 'cash cow' then this investment is for you.
The investment features:
- Newly completed accommodation villas in central MILES
- 41 NEW villas, individually set on our landscaped grounds
- To expand to 49 villas housing 54 single rooms
- Managers Residence with office canteen and amenities
- Catering services and house keeping services provided
- Good occupancy since conception
- Estimated net income $2 million plus (based on projected occupancy)
- Great depreciation and development upside
For Sale by Private Treaty + POA.
This facility is operating at very good occupancy. With room and approval for expansion, well located opportunities offering outstanding low risk returns are rarely available.
Call agent Justin Clarke for more information.