One of the certain things in life is that life directions change and as a result, the vendors of this property have made the decision to sell and have given firm instructions to obtain a contract of sale.
Currently with council approval as a Multi-Unit (Rooming Accommodation), this property has previously returned $2,600 per month. The potential is there to rent these premises to short stay workers, retaining it's current status, to earn up to $1500 per week on a twin share per room arrangement. This property therefore, is a genuine business possibility for someone who wishes to cater for the farm accommodation sector or as a Bed and Breakfast.
This 801m2 corner block property includes:
5 bedrooms upstairs
Galley style kitchen with ample bench space, plenty of storage and twin electric stoves
Combined living/ dining area
2 Showers, 1 Shower/Bath combination and 3 toilets.
Single Lock-Up Garage
Upgraded Power and Fire Safety systems
Fully fenced
Privacy outdoor area
Downstairs area has a kitchen bench, laundry and toilet
Downstairs area can be adapted for multitude of uses
Ideal central location being located just a walk to Hinkler Central, South Side Central, the CBD, several State and Catholic schools and Bundaberg High School.
Alternatively, this package could revert to its original purpose as a large family home or professional offices with accommodation for home office, call centre or entertainment space downstairs. Given that it is surrounded by Medium Density housing, there would also be the possibility of rezoning given its current status as a Guest House, however, prospective buyers would need to conduct their own due diligence to confirm that.
Contact Exclusive Listing Agent Greg McMahon on 0414 518 315 to secure your private inspection.
