Here is a very rare opportunity to buy a large renovated property that has a unique character commercial zoning and is currently registered as a multiple room student accommodation.
The recently renovated property comes fully furnished with 6-8 bedrooms, all have built-in desks and wardrobes, 2 kitchens, 3 living areas, 3 bathrooms with new gas hot water system, internal stairs, has been rewired, repainted, has high speed internet access, air-conditioning, door locking system with master key, internal laundry, rear patio area, double carport with extra off-street parking, and a landscaped backyard.
The character building has the added advantage of being used as a commercial premises. Under the code potential uses could be a child care centre, community facility, medical centre, used for education purposes, a home office or even a restaurant.
The property is fully tenanted with students paying between $165pw and $185pw and returning approximately $73,000pa. It has a fire safety management plan in place and is fully insured
Whether you want a high yield investment, want to run a home business, or want to convert it back to a large two level home, you can not look past this property. It has all the options and properties like this do not come up often.
Be quick!
Sustainability Declaration available on request