Two seven studio boarding houses – all studios have their own kitchenette situated in character filled terraces. Multiple original features, high ceilings, fire-places and parquetry floors.
Outstanding high yield investment, excellent cash-flow, 100% occupancy, quality tenants and generating an approximate return of $4000 per week.
Opportunity to purchase BLUE-CHIP Real Estate with the bonus of exceptional income.
Ideal investment for self-managed super-fund’s, mum and dad or families.
Low maintenance, well maintained, but opportunity is available to increase the return for minimal expenditure.
Separately licensed but to be sold in one line.
* Corner block, potential for off street parking
* Various studio sizes and configurations all with kitchenette
* Mixture of long and short term tenants
* On-site cleaner and maintenance person
* Full communal kitchen, garden with BBQ, laundry and drying facilities
* Only minutes to transport and café precinct.