Seldom does a property come onto the market that offers a great occasion to reap the rewards of this prized location of 730 m2 approx. with super wide FRONTANGE of 50 meter approx., this high return rooming house ideal for further extension or redevelopment opportunities (STCA),

Positioned right adjacent to Deakin University (Corner of Inverness Avenue and Glengarry Avenue), just a short stroll to Gardiners Creek Reserve and Mount Scopus Memorial College with the convenience of buses, trams and local shops. Its UNIQUE location offers incomparable rental appeal for students and always remains in high demand.

Boasting 6 bedrooms, it is a council approved rooming house. Currently rented to a head tenant provides annual return of $31720 approx. As there are 6 rooms, potential higher rental income could be achieved if rented to individual tenant room by room. Icing on the cake for this amazing property is that the vendor has prepared all drawings, surveys for further extension of 3 rooms (STCA) to maximise the rental return for this EXCLUSIVE location.

Whatever the plans, this versatile property is a perfect investment not to miss! Call Ken Chen on 0411 964 898 today for further information.