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Furnissdale, WA 6209
Unique Investment Opportunity 6.5% - 7.0% net return
$100,000 pa net return. This unique opportunity consists of 27 separate titles currently returning after rates and levies an annual income of just under $100,000. All sites under fixed-term Site-only Agreements with Rent variations contracted into the lease. You are basically renting the land to the tenant who puts their park home on the site, so not ongoing maintenance costs ( except for 4 sites that have a small ablution block). The current owners have owned the properties for over 30 years and in that time have had nearly 100% occupancy with very little rent arrears. Good steady income and potential for capital growth. These sites are located in the River-glades Resort which is located a short stroll to the banks of the Serpentine river only 5 minutes to Mandurah Forum. This well-kept resort of 200 sites boasts facilities such as a club room swimming pool, bowling green, and separate trailer parking. Interested? Call Rob Harwood 0411649625 for more information.
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Furnissdale, WA 6209
Unique Investment Opportunity 6.5% - 7.0% net return
$100,000 pa net return. This unique opportunity consists of 27 separate titles currently returning after rates and levies an annual income of just under $100,000. All sites under fixed-term Site-only Agreements with Rent variations contracted into the lease. You are basically renting the land to the tenant who puts their park home on the site, so not ongoing maintenance costs ( except for 4 sites that have a small ablution block). The current owners have owned the properties for over 30 years and in that time have had nearly 100% occupancy with very little rent arrears. Good steady income and potential for capital growth. These sites are located in the River-glades Resort which is located a short stroll to the banks of the Serpentine river only 5 minutes to Mandurah Forum. This well-kept resort of 200 sites boasts facilities such as a club room swimming pool, bowling green, and separate trailer parking. Interested? Call Rob Harwood 0411649625 for more information.
Floorplans & Interactive Tours
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