A very rare upstairs/downstairs duplex in the heart of Mooroobool close to shops, public transport and only 5 minutes from the City Centre. Both levels have 3 bedrooms. bathroom and kitchen with the upstairs featuring wide decking on 3 sides.

Currently a Residential 3A Council Approved Commercial Premises and Ancillary Staff Accommodation this outstanding property features a secure long-term Tenant on a 5×5 year lease with an 8 year balance. The tenant is on their second 5×5 lease having been at the property since 2004 and having spent significantly to purpose fit the premises to their needs.

100% of all outgoings associated with the property including Rates & Insurances covered by the long term Self-managing Tenant. Currently returning approx $41,820 per annum increasing yearly with CPI. Approx $803 per week. Not a misprint! A huge 6.6% NET return. Better than TWICE current term deposit rates. Get this for your SMSF asap.

807m2 allotment, 2 street access, 2 kitchens, 2 bathrooms, 6 bedrooms, wide upstairs decking, off street parking, $30k Solar installed by Tenant, adjacent to Raintrees Shopping Centre. No Outgoings paid by Owner. Tenant self manages. Tenant pays All.

Contact Trudi Gower 0416 018 770 or Paul Conway 0401 744 027 for more information.