Investment Returning Over 10%
Located literally footsteps to the University, this four bedroom property currently provides a healthy gross return of over 10%, that’s a generous $600 per week!
Leased on a room by room basis with a low vacancy rate, the home is perfectly suited to student accommodation. Each bedroom has convenient built-in robes for good storage and is serviced by the main bathroom with shower and toilet along with a handy second toilet located in the laundry.
Fully fenced, the front yard is neat, tidy and well maintained and there is a private and sunny paved courtyard at the rear of the home along with two allocated parking spaces.
With both the University and Australian Maritime College just a hop, skip and jump away, the property is also conveniently located only a short and flat stroll to nearby public transport and the vibrant Mowbray Shopping and Business Centre where you’ll find both major supermarkets, banks, medical centre, retail stores and eateries.
Call today to find out more and to arrange a private viewing.
Rates: Approximate $1200 per year
Approximate $1000 per year + usage
Bushby Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations.
- Land is 320 m²
- Floor Area is 107 m²
- Built In Robes
- Fixed and fitted floor coverings
- Flat Block
- Fully Fenced
- Light fittings
- Street View