Address available on request

This unique residential/commercial investment currently returns $2788.00 Pw or $145,000 approx Gross per annum which equates to around 11.6% per annum on the asking price. This is a unique opportunity to secure a property with a proven return. On 929m2 this is a clean and well-maintained property with excellent landscaping. The main building is BV with one fully self-contained unit PLUS a separate 2-bed WB unit at the rear. Profit and loss statements are available for serious buyers. As this is classed as a commercial investment, banks will lend to around 60% of their valuation. The property is exempt from Land Tax as it is a service to the community. Each room is comfortably furnished, there are multiple shared bathrooms plus a communal BBQ facility, outdoor areas and 6KW solar power. The position is outstanding with supermarket, shopping centre, cafes and bus transport opposite.
FURTHER CONTACT
By enquiring on or inspecting this property, you agree to receive further marketing information from us about other properties. To opt out of this, please contact our office on 9726 8888 or send an email to [email protected]