Situated in a high exposure Main Street location, this former family residence has recently been renovated and transformed into professional rooms. Currently returning about 7.5%pa gross, the property is zoned Mixed Use with rear lane access, the vacant land behind the residence being suitable for a variety of purposes including building townhouses or more professional rooms to increase your income return (STCA). The renovations include, rewiring, replumbing, polished timber floors, 3 split systems, new kitchen and bathroom. You can hit the ground running with an immediate income stream while you explore the potential to further develop the 862m site.
Price: $449,000