Assumption based on common practice...

Is this furnished or partially? Fully Furnished
is the grr 6pct of purchase price? Yes
What happens after the initial grr period? Normally is 5+5 or 5+5+5 Agreement
Maintenance fee? Normally Excluded. Actual Return is lower than 6% after factored in Maintenance, Assessment, Quit Rent
Furniture replacement bourne by? Owner

I think i will not go for the bare unit. They told me that a separate agreement (do not know what conditions they will put in later in it, who know?) will need be signed if a bare unit owner wants them to rent out but they say it  will be less than 6% GRR. They also gave me a complete  list of  items included in the refurbishment package (such as TV, mini fridge, bed, bed sheet, feature wall, divan, table, etc). Think of the definite rising cost of workmanship/labour, items by year 2017/2018,, with 6% GST,  and all the hassle involved, I think I will lock this package into my purchase price. This package cost is also subject to 5% + 5% discount calculation too. Ok, just my opinions, brothers.