A once in a lifetime opportunity to purchase a 10 room licensed boarding house in a prime location within an easy stroll to shopping centre, train station and CBD bound bus services. Low vacancy rate and high income with long term tenants, makes this grand Victorian money spinner a great catch.

10 rooms, 4 bathrooms, multiple on site parking plus garage/manager’s room
Instant cash flow, currently returning over $95,000 per annum with potential to improve
Large 727sqm land with wide 16 metre frontage
Further possibilities exist to extend and add more rooms to increase return (STCA) for the investor
Zoned 2C Unit Redevelopment for future options for the developer