-
Co-living Building
-
• Total Land Area - 368m2
• Total Building Area - 428m2
• Zoning - General Residential Zone (Permit as a “rooming house”)
• Number of Units 16 No. (1 Bed 1 Bath)
-
Carlton VIC 3053
-
• Acquiring and holding for cashflow and long-term growth
• Initial Term - Targeted 5 to 7 year term
• Distributions - Distributions will be paid to the investors monthly.
-
• Purchase Cost - $ 3,950,000
• Total Net Income - $ 237,940
• Forecast Distributions - 6.0% p.a (average over 7 years)
• Forecast IRR - 16.5% p.a (post fees, pretax)
• 100% of all building outgoings payable by the tenants
• Forecast Rental Reviews - 10% per annum (depending on market demands)
Next
Next