|Land Size||65 m2|
|Building Size||39 m2|
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Sale By Home Owner
- First Name: Bryce
- Last Name: McDougall
- Contact Number: 0295578894
For Sale with Leaseback - 6% guaranteed return
The Phone enquiry code for this property is: 0187
• Rental income $196.77 first year (6% return)
• 10 + 10 year lease
• Rent increases 3% pa during 10 year lease
• Sinking fund contribution $320 yearly
• Council rates currently $480 per quarter
Portman House Scone is the lessee. Portman House has been offering high quality serviced apartments to Scone guests for nine years and will continue to do so.
This beautiful studio apartment, with private courtyard, is in a small complex of 8 units in downtown Scone. It boasts secure undercover parking. All up size is approximately 65m2; consisting internal 39.5m2, car port 17.9m2 and courtyard 7.7m2.
Scone is Horse Capital of Australia and as a result has a vibrant economy. There are over 130 horse studs in the area including Emirates Park, the Packer family’s Elliston, and John Messara’s Arrowfield, just to name a few.
This purchase gives you guaranteed income for ten years with no vacancy. Council rates and sinking fund contributions are your only ongoing costs. Administrative costs for the body corporate, and day to day maintenance and upkeep of the unit and common areas are paid for by Portman House Scone.
Air Conditioning • Balcony/Patio/Terrace • Broadband • Built-ins • Close to Shops • Close to Transport • Concierge/Manager • Dishwasher • Fully Fenced • Furnished • Heating • Internal Laundry • Living Area • Modern Bathroom • Modern Kitchen • Pay TV Enabled • Secure Parking •