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35/8-12 Nolan Street FRANKSTON, VIC 3199

INVESTMENT SUITE IN RESIDENTIAL AGED CARE (Nursing Home)

Sold

This suite is separately titled and located in a luxury, purpose-built aged care facility catering for the elderly and adults who require day to day support and care. For investors seeking a low maintenance investment there are many advantages of investing in strata aged care suites:

– Facility has been in operation for over 15 years
– Long leases – 10 years plus 10 + 10 commenced October 2011
– Rent paid if unit is occupied or not
– Freehold Title
– Water rates, Council rates and Insurance paid by the tenant
– CPI increases annually
– Commonwealth Government Funded Facility

Inspections strictly by appointment

– Unit 35
– Rent $12,242 plus gst per annum
– Price $185,000

Please contact Celestine Eramo on 0408 111 383 or celestine@aslre.com.au

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ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.

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Property Features
  • Hotel/Leisure
  • Land is 1 m²
  • Floor Area is 24.20 m²

Inspection Times

No inspections are scheduled at this time.

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