A perfect property for the investor who doesn’t mind putting in a bit of effort for a big reward. Based on current market rental per student, the property has REAL potential to return a yield of 7%.
Centrally located within walking distance to Clayton Train Station, Monash Hospital and Monash University. Definitely a safe blue-chip investment in one of Claytons best streets.
Property can easily accommodate 7 tenants, with the average rental being $110-$120 per room per week. Yes, the numbers do stack up! No matter how you look at it from an investment point of view, this is one of the best buys going around.
Features:
7 bedrooms (all good size)
2 bathrooms
3 toilets
Large BBQ or outdoor common area
Gas ducted heating, cooking and hot water
Own Street Frontage
Sold Fully Furnished
Land approx. 400sqm