20 Third Avenue, Rosebud VIC 3939

Auction Location: On Site

Located steps from the glistening shores of the foreshore beach, walking distance to local shops and eateries is this weatherboard home offering unique accommodation options set on an allotment of 392sqm approx.

With the exterior being recently repainted, the property consists of three individual units, each with a separate bedroom, living area and private bathroom.

The rear unit offers a gas stove and oven, while the middle and front units have kitchenettes that are sizable enough to add build in cooking appliances. All of the units are equipped with reverse cycle air-conditioning.

The astute investor will quickly realise the 'cash-cow' potential of the property as either a short-term Air B&B style operation, or likely to generate a rental return of $900 per week when all three are tenanted.

With solar panels, a single garage, a rear entertaining area with a fire pit, and communal laundry facilities, this home offers a unique opportunity to secure a blue-chip location while providing returns that could offer a cash flow-positive investment.