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High 8% Rental Income Opportunity for the Astute Investor in Botanical Estate, Mickleham

$ 720,000.00 | 4 Bedrooms, 2.5 Bathrooms, 6 Rooms Featured Current

 Description

***** Fantastic Opportunity to Earn High Rental Returns *** This brand new display home located in the beautiful Botanical Estate Mickleham, (we have many across Melbourne Metro) is built by Metricon, one of Australia’s Premiere Builders, and represents an excellent opportunity for the astute investor to achieve much higher than average rental returns on their investment property.
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This brand new display home located in the beautiful Botanical Estate Mickleham, (we have many across Melbourne Metro) is built by Metricon, one of Australia’s Premiere Builders, and represents an excellent opportunity for the astute investor to achieve much higher than average rental returns on their investment property.

  • Land area 448m2
  • Single storey
  • 4 brms
  • Master brm had own en-suite + WIR
  • Bedroom 2 has own WIR
  • Bedrooms 3 & 4 have BIRs
  • 2 bath
  • Kitchen with walk in pantry
  • Open plan kitchen, dining & family area
  • Outdoor room
  • Inside laundry
  • DLUG
  • Fully fenced
  • Ready to lease
  • 8% lease back on purchase price, paid monthly in advance.
  • The homes are open and operating as display homes under current conditions.
  • Minimum lease period 20 December 2021 to 20 December 2023. May be extended.
  • Rent is paid on 20th of every month
  • Metricon will pay Rates, water etc but not Land tax.
  • Metricon will adequately insure the home during the lease period, a Certificate of Currency will be provided.
  • Metricon will manage the entire property during the lease period and reinstate back to a home for purchaser before handover.
  • All reasonable offers $$$ will be considered.
  • Please note that we have many display homes across Melbourne for sale with similar lease parameters as this particular listed property.

Please contact the agent on 0408 334 388 for a private inspection, or for more information.

NOTE: No statement of information is required for these properties.

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 Features

Base Information

Rooms
6
Bed
4
Bath
2.5

Parking Information

Parking
4
Garage description
DLUG

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