Welcome to a fantastic opportunity to make a sound investment for your future. Fergussons Motor Lodge, established in 2002 is a carefully maintained freehold property positioned in a key high visibility area. This 12 unit complex with a mix of studios, 1 bedroom and 2 bedroom options also has the usual facilities including a private 3 bedroom separate mangers unit with double internal access garage, and offers the astute investor an excellent return.
Well presented with a long term tenant who pays all the opex and upkeep!
This premium passive investment is even more appealing, as the lease runs til 2033, and includes and annual maintenance fund.
Rent reviews every 2 years and the current return is 6.33%, which stacks up very nicely against comparing to the current term deposits of 3-4%