“RARE INVESTMENT IN CENTRAL ROWAN STREET!”
* Unique offering in city centre location.
* Historic property comprising of 5 apartments.
* Walking distance to View Street and CBD.
* Gross yield of 6%+
What an opportunity! Priority1 Property is proud to present 38 Rowan Street, a unique investment packed with plenty of potential. Grand Inner City locations like these are intently held, and always sought after.
Set on 500m2 (approx.) and offering the appeal of its city centre location, this historic 1900s weatherboard and brick home has been converted into a 5-apartment complex. The property offers residents the ultimate ease of lifestyle – grab a coffee and groceries, walk the local parks or become immediately immersed in Bendigo's bustling arts precinct along View Street.
Key features of each apartment include;
Apartment 1:
- 2 bedrooms with built-in robes
- Split system unit
- 3-piece bathroom
- Kitchen with dishwasher, gas cooktop
- Front porch
- 1 car spaces
Apartment 2:
- 2 bedrooms with built-in robes
- Split system unit
- Bathroom/laundry dual set up
- Kitchen with freestanding oven/gas cooktop
- Balcony
- 1 car space
Apartment 3:
- 1 bedroom with built-in robe
- Split system unit
- 3-piece bathroom
- Open plan kitchen/living space with freestanding oven/gas cooktop
- Balcony
- 1 car space
Apartment 4:
- 1 bedroom with built-in robe
- Split system unit
- 3-piece bathroom
- Kitchen with freestanding oven/gas cooktop
- Laundry connection in kitchen
- Ground floor terrace
- 1 car space
Apartment 5:
- 2 bedrooms with built-in robes
- Split system unit
- 3-piece bathroom
- Kitchen with freestanding oven/gas cooktop
- Laundry connection
- Ground floor terrace
- 1 car space
Whether you are the astute investor seeking additional rental income or you are after your next renovation project (STCA), 38 Rowan Street is set to have widespread appeal.
Multiple tenants with varying lease agreements, currently bringing in on average $6,218 per month of gross rental income, or 6.21% gross yield.
Contact agent Chris Bone for more information.
Close to Schools, Close to Shops, Close to Transport
Statement of Information:
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