RETURNING OVER $285,000 PER ANNUM!!!!
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29 Bed | 17 Bath | 7 Car
Property ID: VIC1624501
RARE OPPORTUNITY TO PURCHASE 6 TOWNHOUSES WITHIN METRES TO MONASH UNIVERSITY!!
This 6 year old block of 6 subdivided townhouses (29 bedrooms) stands alone!
These low maintenance homes have relevant 'Class 1B Rooming House' permits and have been modified to suit the strict regulations. The real kicker for investors who may consider purchasing the entire block is the returns with a combined total income of approximately $283,000 per annum making this entire development a business in itself. They are being sold with all associated furniture, bedding and appliances that a student needs to get started. All townhouses feature a kitchen with stainless steel appliances and stone benchtops, tiled meals area plus a laundry, single garage, ducted heating, a private courtyard and coin operated communal laundry facility onsite. The 4 street front townhouses are of similar design boasting 4 bedrooms including 2 upstairs rooms with walk in wardrobes and ensuite as well as a bathroom and toilet downstairs. The 2 rear townhouses are larger and feature 5 and 6 bedrooms plus an ensuite, and 2 bathrooms. (Unit 5 boasts a double garage)
QUALITY, POSITION, AND GREAT RETURN – ALL CURRENTLY LEASED!
DON'T MISS OUT ON THIS ONE!!
View CENTURY 21 Property Group
PH: 03 9544 8888
Mobile: 0418 371 815
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