Cumings Apartment ComplexCumings Apartment Complex is in the ultimate position in Falls Creek situated in the Village Bowl area. This north facing complex is approximately 1950 sqm over three plus levels and on a land size of 1028 m. This is an exceptional opportunity for an owner operator, investor or business developer. The features are as follows:
- 8 luxury renovated apartments ranging in size to 190sqm
- 2 large commercial spaces which are currently leased by high profile tenants
- Stunning location within metres of the ski slopes
- Impressive rental returns
- Long lease in place
- Well maintained building having been further upgraded over the past few years
- Solid existing customer base with high level of return cliental
- Further opportunity to sub divide the apartments subject to permits
- Head Lease of 45 years and all apartments and commercial space currently being converted into individual sub leases
This is a strong business and a simple investment with secure tenants, long lease and amazing building location.
|
2.jpg)
.jpg)
1.jpg)
1.jpg)
