Here is an investment worth your consideration returning $1150 per week gross income! You receive a fully furnished 6 bedroom home that has been specifically modified to suit student accommodation. The home nestled quietly in Kaleen sits right on the bus route and is just a short walk to the University of Canberra where most of the students study.

Each bedroom is furnished with a bed, desk, drawers and robe. Additional features include two kitchen sinks, two micro wave ovens, two hot plates, two refrigerators, two washing machines. There is a large open plan kitchen and meals area plus a formal lounge where tenants can relax.

The existing leases have all been renewed for this University Calendar year so that holiday periods are fully occupied. Tenants are then committed to their lease whether they are on university holidays or out of town between semesters. This minimizes any vacancy periods and reduces leasing costs. The business model being applied has been working for the past three years for the current owners. All of the required legal paper work for these special leases will be available at settlement for the new owners. For further information on this unique property call Michael Rabey 0411 367700 to discuss.

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