Share/Student furnished accommodation in Southport house.

Seven bedrooms with current income of $900 approx per week. What a great cash flow business, ripe for your portfolio and gearing strategy that returns over 7% gross. This high set Chirn Park house is converted to currently accommodate Uni or Tafe students in single or double rooms.
Fully furnished over 2 levels right down to the linen & knives & forks, each level is fully self contained with all new fittings & furnishings. Top level has timber floors with 3 bedrooms, 1 bathroom, Gas cooking, 2 fridges, microwave, dishwasher, TV, washing machine and IKEA furnishing package including student desks.
Lower level is tile floor with 4 bedrooms, 1 bathroom, electric cooking, 2 fridges, microwave, washing machine, 2 toilets and IKEA furnishing, you can run as a small business and work from home and help manage your own superfund.
Res B block 506 m2 so you can hold for development into Duplex’s and have a holding income till you are ready.
Constant source of students and referrals, Bus route at the back door, 1 km from Griffith Uni, 3 km to Southport CBD, TAFE and Language schools and Hospitals precinct: Phone me now for your earliest inspection by appointment; Bring the cheque book! Gerald Adam 0408 157 257 or 55 264 442