26 Prouses Road NORTH BENDIGO VIC

Superb opportunity for an astute investor!! Rental is at $420pw plus GST (this is a gross return of 7.94%) – positive cash flow for most!! The property is let as a business (there is a commercial lease) with the residence as well, the terms are 3 years with 3 x 5 year options thereafter. The location is excellent, being only a few hundred metres from Bendigo Health complex, handy to schools and transport. There are two large display rooms, cool room and storage facilities with plenty of on-site and off street parking for customers. The house features three bedrooms (one with robe), modern kitchen with lots of cupboard space, dishwasher and upright cooker; separate lounge with large reverse split system; vestibule and direct access to shop fronts; large separate laundry and comfortable bathroom. There is good side access to the rear yard where there is a basic workshop and powered single car garage, plus small storage room for shop. Location is excellent, there is plenty of living/business space under roof, and scope to extend and improve for your future benefit. You will find it hard to get a better return on your investment!!