This two-bedroom retirement flat presents a compelling investment opportunity with a tenant in-situ, providing immediate income with an attractive yield. Located in a prime and desirable area within walking distance to public transport links, local shopping amenities and Seven Kings Park.
What makes this investment even more appealing is its dual-purpose potential: while it currently generates solid returns, it also offers the option for an investor or a family member to move in at a later stage (at age 60), making it a flexible long-term asset. Given the increasing demand for quality retirement accommodation in well-positioned locations, this property stands out as both a practical and financially sound choice.
Parkview Court is a well-designed retirement development constructed by McCarthy & Stone (Developments) Ltd, consisting of 52 thoughtfully arranged properties spread over three floors, each conveniently served by a lift. The development is designed to provide both comfort and security, with a dedicated Development Manager available for assistance, accessible from various points within each property in case of an emergency. For times when the Development Manager is off duty, residents can rely on a 24-hour emergency call system, ensuring peace of mind at all times. This exclusive retirement property is available to those over the age of 60, with an exception for couples, where one partner must be at least 60 years old and the other no younger than 55. Prospective buyers seeking further details are encouraged to consult our Property Consultant for additional information.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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