An amazing opportunity has presented itself, with a huge income of over $300,000 pa.
The current owner has extended the rooming capacity to include an extra 10 rooms and 2 bathrooms.
Renovated to a high standard, this property is a gem of an investment to the most discerning investor looking at high returns.
Currently under professional managers this can be a totally hands off investment.
Situated 4 kilometre• to Brisbane CBD, 1 kilometre to the Gabba Grounds, with buses and trains in walking distance, makes this property an ideal renter for the single professional.
Stable and long term tenants enjoy the comfort of easy access to the CBD and transport.
Features Include:
• Fully Council Approved and Certified
• Full Fire Safety Compliance
• 28 Renovated and furnished Rooms with Fridges
• 6 Renovated Bathrooms
• Multiple Communal sitting rooms
• Multiple Kitchens
• Parking for 6 + Cars
• Currently under Management returning a 10% gross income.
• Plus a Huge opportunity to value add and extend the rooming capacity
For further information and copy of the IM please call Clive 0416 199796 or Sandra 0448126609
