40/9 Greg Norman Drive, Sanctuary Lakes VIC 3030

Perfect for a self-managed super fund with secure returns this property is leased to Quest Apartments with rent review 5x5 year options thereafter. The returning rental is currently $20,500 per annum with a 4% increase per annum for the next 4 years. This is not a residential property to owner occupy, this is short term accommodation leased by Quest apartments.

This double storey townhouse features two bedrooms, two bathrooms and a fully equipped kitchen with stainless steel appliances and dishwasher. The open plan kitchen and living open to a spacious rear yard. There are split system conditioning and heating units, under stair storage and an extra storage unit in the carport.

Both bedrooms have balcony access, the main overlooking the golf course and lake.

This apartment presents very well finished with timeless neutral colours. There will be very little wear and tear as clients just come here to rest their head and in turn the appliances and second bedroom/bathroom would be rarely used.

Situated on the 18th hole and the lakes edge you will be easy walking distance to the Sanctuary Lakes Club and a resident's only gym, tennis courts and pool.

If you are looking for a set and forget investment property with excellent returns and increases then look no further than this fantastic affordable opportunity.