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38 George Street St Albans, VIC 3021

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38 George Street,
St Albans, VIC 3021

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$975,000

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SECURED INVESTMENT: (Brand New and fully licensed)

The Biggin & Scott Sunshine Team proudly introduces one of the best secured investment property in St Albans.
Accountants, investment advisors & solicitors take note -Ideal for Self Managed Super Funds
Long established Government Licensed operator presents as a secure tenancy operating over 28 years.
Purpose Built Registered Premises
This double storey building provides nine (9) one (1) bedroom purpose built private rooms.
Each room is provided with the following:
- Queen or double bed
- Hotel commercial grade mattresses
- 80 litre personal fridge
- 55” 4K Smart TV
- WiFi internet access 5Gh
- Each room has its own ensuite

Two commercial kitchens onsite, one upstairs & one downstairs.

Lease details- 15 year lease
- $40,000 per annum
-All outgoings to be paid by tenant
-Annual rental increase by CPI

Seeking long term investment

NOTE’ – New building Seven ( 7 ) year structural guarantee
-Land size 782 m2 approx
-The property provides provisions for another double storey 9 x 1 bedroom self contained apartments (STCA) to be built.

Seeking long term investment, arrange your private inspection today before its too late.
Please call Frank Forti on 0419 321 816 or Minh Vu on 0413 660 075

Property ID: 503516446Last Updated: 23 Sep 2021

03 9311 81...
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38 George Street
St Albans, VIC 3021
Biggin Scott Inner West - Albion
2a Derrimut Street
ALBION, VIC 3020

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