Student accommodation is big business these days, and this particular property allows you to capitalize on that, with no less than 11 – yes eleven – rentable rooms! Just 10 years old and perfectly positioned within walking distance of Holmesglen TAFE and trains, with Monash and Deakin Universities just a bit further, it means students are very well catered for here. Registered and certified by the City of Monash for such a business, it complies with all safety and regulated standards and with numerous existing tenants, you have the benefit of instant returns of around $80,000 per year. Aside from the individual and lockable rooms, there’s also 3 bathrooms, a central kitchen and dining area, covered patio plus ducted heating and evaporative cooling. So, the investment credentials are clear – but are you going to be the lucky one who gets to cash in?
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