Superbly situated directly behind Karingal Hub in paces of shops, restaurants, cinemas, public transport, Ballam Park and all essential services, this not to be missed buy is the rare find for the astute investor offering the perfect investment for income and growth with multi income streams and the potential to add further value.
A Frankston City Council registered rooming house with currently close to 100% occupancy and a gross rental return of $95,000pa, this perfect package in the ideal location offers a secure and high-yield investment opportunity for savvy buyers.
Spread over two sprawling levels, the home features nine bedrooms, an open plan kitchen and meals area with gas stove, plenty of cabinetry and glass door opening directly to the alfresco and generous garden patio.
A large master bedroom with dual built-in robes, ensuite, private retreat and external access is located on the lower level to provide a comfortable wing for parents or a house manager, while additional bathrooms on both levels service this large residence.
Renovated in recent years and immediately rentable, the property is located in walking distance to McClelland College, Ballam Park Primary School and great recreational and sporting facilities.
Should you require any further information, please do not hesitate to contact Daniel Condon on 0438 866 486 anytime.
Please note Photo ID required for all inspections.
If you are not showing any signs of being unwell and have not travelled overseas in the last 14 days or been in contact with someone who has, inspections are encouraged and most welcome. We may respectfully decline access to certain attendees if we feel it is in the best interest of our clients and the greater community.