Registered as a Class (3) share accommodation building with 14 rooms, 2 separate living areas, 4 bathrooms & 4 separate toilet suites; rent assessed at between $170.00 – $210.00 p/w per room, this outstanding property investment represents brilliant returns on holding, with future plausible options of a multi T/house (STCA), large multi residential apartment complex, or again (STA), child care facility.

Location & investment features;

* Current market levels would represent an approx. return of some $135,000 P/A
* Prominent location, walking distance to train station & shopping
* Sporting & recreation reserves nearby
* Location also supports security of tenure

** Lengthy lease currently in place!

Current & future earnings potential, low cost of borrowings & other available options (STCA) culminate and function well together to provide an astute buyer this outstanding invest or re-investment opportunity.

MAKE YOUR ENQUIRY NOW!

Reports & other documentation available by appointment only.

Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document.