69 McKenzie is a 72 unit, 8 block apartment complex on 4,695m2 of land. Each of the 8 apartment buildings sits on an individual unit title. Each block is individually leased to LJ Hooker Apartments for $90,000 per annum plus OPEX for an initial term of 9 years with two rights of renewal of 6 years each.
The 8 apartment buildings consist of 3 duplexes and 2 stand-alone blocks. Total GFA (Gross Floor Area) is approx. 2,274m2 (2,487m2 incl decks/patios). The site is fully fenced with access controlled vehicle, auto gates and pedestrian gate. Buildings are timber framed construction with a combination of weatherboard, cedar and plastered light weight concrete cladding. All windows are double glazed and all roofing is long run Coloursteel.
General amenities over the site include 64 off street carparks, bike racks in two locations over the site, two fenced rubbish enclosures, security controlled access, CCTV to each building, common area lighting, extensive planting and grassed areas with irrigation lines and a common mailbox area.
Award Winning Property Management
For 84 years, Property Management has been a core part of the LJ Hooker business.
LJ Hooker Property Management have been operating our facilities successfully for years, with a great track record of managing large format facilities and the financial backing and integrity for us to be confident in their ability to make rental payments.
With changing population dynamics, there has been an increase in rental demand in high growth centres across the network for apartment property. LJ Hooker is committed to servicing this growing market and employs specialist property management and strata (body corporate) experts within this field of management within Australasia’s major metropolitan centres.