This unique property offers a variety of lucrative options to investors, developers and private landlords. Within walking distance of cosmopolitan Pakington Street and near to the Geelong train station, the Ring Road and public transport routes, the location is a big draw card.
This multifaceted property includes 4 separate dwellings, each with carport parking. Accommodations include; a charming 3BR clinker brick home with country-style kitchen/diner and light-filled lounge, two adjoined 1 bedroom brick veneer flats with built-in robes and bathrooms offering laundry facilities, and a self-contained bedsit-style unit. Dwellings are neat, private and secure and offer a convenient, low maintenance lifestyle for tenants and landlords.
Live in one and lease the rest. Lease all or develop (STCA). Enjoy the flexibility knowing the investment is solid. Approximate weekly rental returns; 3BR home $305 as of 20/03/2015, 1BR flats $200 each, bedsit $160 as of 20/03/2015.
Smart investors will inspect ASAP!