Set up as Student Accommodation
Ideal investment property offering 5 bedrooms in two flats of 3 and 2 bedrooms each. Fully furnished right down to the Knives and forks ! Currently returning $590/wk on 12 month leases till Feb. 2012. This is a low maintenance property and about as close to the university as you can get. At $375,000 this is great buying and already tenanted.Do the maths. Get on the phone now!!!
The flats feature polished floorboards , granite bench tops and 2 pac kitchens, stainless steel appliances (incl. dishwashers), ceiling fans, furniture packages, and washing machines,fridges etc.
Off street parking for 2/3 cars.
Walk to the University and Stockland shopping centre.
Council rates: $911.91 p.a.
Water Rates: $446.73 p.a.
Strata Title: Only common property is driveway.
Gas, electricity and excess water usage paid by tenants.
Call today for an inspection!
