NIDS Investment unit, Returning $69,868 PA with 20 year lease.

This exclusive off-market apartment is presently available for sale, providing a unique opportunity for investors seeking immediate cash flow. With a secured income from NDIS SDA already in place, this property offers a seamless investment experience for those looking to make a positive social impact while ensuring consistent returns.

Designed with to meet the unique needs of individuals with disabilities, this thoughtfully crafted apartment boasts two bedrooms and one bathroom, providing tailored accommodation for NDIS-registered individuals.

Key Details:
Size: 70m2 internal, 14m2 balcony, 13m2 car space
Lease: A substantial 20-year lease, expiring on 1/03/2042.
Passing Gross Income: $69,868.56 per annum
Outgoings: Strata (Estimated $6,000 per annum), Council ($1,200 per annum), Management Fees ($10,480.20 per annum)
Increases: Adjustments in sync with government NDIS funding and tenant pension updates.
Asking Price: $1,000,000
Orientation: North/West-facing view.