The Unicentre represents an outstanding opportunity for the investor looking to purchase an investment similar to a small commercial property with a core tenant (AUT) who provide a 21 years guaranteed net rental until 2025 with a right of renewal of renewal for a further 9 years until 2034.

Unit 501 is a 5 Bedroom 2 Bathroom Internal 96sqm (more or less) corner unit. Current rent from AUT is $42,962 + GST per year. All operational costs are met by the AUT, which include any Body Corp fees, Insurance, Land rates, maintenance, marketing for students, advertising etc.

*There is a 5% Property Management fee and $1,108.14 long term maintenance fee per year to the investor

All purchasers must be registered for GST. We recommend that all interested parties seek independent professional advice.

Please contact Howard Sidnam 021 973 389 or George Erdos 021 959 331 for further details or arrange a private viewing.

Auction brought forward 12pm 20th Oct In rooms 272 Parnell Road