This property presents an opportunity rarely obtained in the market. Currently the rooms are let to students, returning $725 pw in rent- this would easily cover the mortgage.
At the rear of the property; with side access; is a 7×12 metre (approx) shed with 2 sliding bay doors, a roller door and normal door access. Why not run your business from here, (as a previous owner did) and save renting or buying a shed.
Alternatively, renovate the house, live and work from home. In any case this is the perfect opportunity to minimise business costs and derive another income.
Inspections are by appointment only, do the sums, it stacks up.