INVEST CASH FOR BIG RETURNS: 17% GROSS, 7% NET RENTAL RETURN!! There are 2 lots for sale, each comprising a pair of furnished 1 bedroom units in this well-established aged care complex. Each lot also represents a share in a 1 acre site in a prime position close to Annerley's highest point - a likely target for developers in years to come.The on-site management allows for a hands-off approach to investment as all letting and maintenance concerns are dealt with efficiently on site.This property is not suited to a mainstream owner occupier - it is for a true investor. As such it has been made to ""stack up"" financially by offering one of the highest income returns available in inner city residential real estate, with underlying land value to match.Just to confirm - a pair of units at $99,000 each, making up 1 lot for sale. A second lot of 2 units is also for sale at $198,000.The current gross rent is $33,488 per annum per lot.More details available, including Sustainability Declaration, at our office. Call 07 38480202