- 12 bedrooms
- Renown international tenant
- Renewed four year lease term from October 2016
- Generous annual income of $93,175.00 net pa +GST
- Annual CPI rent increases
- Investors seeking yield must consider
This presents a superb opportunity to purchase a high yielding freehold residential property, underpinned with an excellent tenant covenant from Bupa Care Services Limited. Bupa have exercised a right of renewal for a term of Four (4) years, commencing 1 October 2016 with a further Right of Renewal of One (1) x Four (4) years available. With a versatile 12 bedroom configuration, this offers the possibility of future residential opportunities. Consider the simplicity that leased property affords, with certainty of term, simplicity of management and recovery of outgoings.