Fantastic Income, Long-lease!

Colliers is proud to market 169 Chapel Road, Flat Bush, for sale by asking price. Buy one or more of 15 brand new units with a fantastic net rental income with a long lease.

Each unit is returning $83,447 + GST on a 9-year headlease to Clarke Group Management Limited with a sublease in place to the government funded Community Housing Provider. This is an innovative property model providing a much-needed solution to short-term housing.  

The property is well-situated off the main intersection of Chapel Road and Stancombe Road – benefitting from a range of nearby amenities, including schools and public facilities and the brand-new Ormiston Town Centre.

Don’t miss this unique opportunity, call one of the listing agents for more information.