34 Dearing Avenue Cranbourne VIC 3977

Nichols Crowder is pleased to present this Fully Leased, Rooming House Investment which has everything that investors are dreaming for including being high yielding (7%+), fully occupied and in high tenant demand plus excellent tax depreciation benefits and NO Land Tax bill.

This socially responsible investment is truly a unique opportunity for the savvy investor who wants it all!

Key features include:

INVESTMENT
* Gross rentals totaling $159,328 per annum from 8 residential tenants
* 0% vacancy and rooms are in high demand from tenants
* Land tax exempt status

BUILDING
* Brand new rooming house building: 300sqm*
* 8 fully contained rooms all occupied
* Outstanding tax depreciation benefits available

LOCATION
* Massive growth suburb - Cranbourne
* Easy walk for the residents to local shopping and public transport
* Cranbourne has all necessary infrastructure for a growing population

In simple terms, you have a brand new building with depreciation allowance, no land tax, a high yield and you are doing your bit for the community.

For further information please contact:

Julian Vautin 0420 406 660
James Dodge 0488 586 896
Matt Nichols 0418 186 488

PLEASE NOTE:
* All information and measurements are approximates.