An attractive period style residence currently disposed as student accommodation that provides the fortunate purchaser with a rock solid investment & security of a steady income stream!
This home built in 1925 provides 235 square metres of living, 7 bedrooms under the main roof & 2 detached bedrooms at the rear. There is a huge open plan communal kitchen, meals & lounge area which is situated in the central part of the house & is complemented with 4 bathrooms & 4 toilets. There is also ducted evaporative cooling & gas heating to the main house with split system reverse cycle air conditioning servicing the two rear bedrooms.
Other notable features include ceiling fans, television, Hi Fi system, two computers with wireless internet connection, coin operated laundry, dishwasher, 2 x fridge freezers, two gas hot water services & ample off-street parking. (Some furniture is also included in the sale!)
Sited on 580 square metres, the tenants are within close proximity to Trams, Buses, shops, parks, bike tracks & only a short distance to the CBD & local beaches.
With the potential to earn over $1000 per week, this opportunity is very attractive & unique, & for the right buyer, an inspection is highly recommended.
This property is registered with the Marion City Council as Student Lodging

Price: $550,000
Inspection by appointment only