Attention all investors looking for a strong returning, unique property, the search is over!
Located a short drive to Latrobe University, the Athletics track and Bendigo CBD, this 9 bedroom ‘student accommodation’ boasts amazing ROI for those looking to expand their portfolio with a strong positively geared property.
The interior of the home boasts a good overall condition and generous sizing throughout. Located at the front of the property is a large living and dining area, an ideal common space with enough room for all 9 tenants at any given time. The kitchen layout is wide and offers large amounts of both bench and storage space for added practicality and is nicely complimented with recently updated tiling.
The remainder and rear of the home features all nine bedrooms and the recently updated and modern three bathrooms, which are spread evenly between the length of the hallway. Each room comes furnished with a single bed, desk and desk chair which are to be included within the sale. The property ensures comfort all year round thanks to it’s ducted evaporative cooling and gas ducted heating system.
The property is situated on a generous 641 Sqm block (approximately) with side access to the shed/ separate storage dwelling at the rear of the block, the yard offers an ‘easy care’ maintenance approach making it ideal for both Landlord and tenants.
In previous cases, each room has been leased to a tenant for 40-42 weeks of the year at $150 P/w (with the exception of bedroom 1 which is leased at $160 p/w due to it’s larger size). The landlord stresses that they have never had an issue with securing tenants for every room due to the property’s great setup and ideal location.
This is a property that has had all of the hard yards put into it to ensure all regulations and legislation is met, this allows the landlord to enjoy a smooth management and simply enjoy the enviable ROI. Get in touch today to secure one of the best returning investments currently available in the Bendigo marketplace.
Contact us to book your digital inspection with the agent.
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