38 George Street, St Albans 3021Sold

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SECURED INVESTMENT: (Brand New and fully licensed )

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 and 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.

Private Inspections only. To arrange your inspection Frank Forti on 0419321816.

* Photo ID required for all inspections.
Seeking long term investment, arrange your private inspection today before its too late


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