• Registered seven-room rooming house returning $1,750 p/w (approx. $91,000 p.a.) at full occupancy
• Significant income-producing investment from day one
• Freshly renovated with professional exterior clean and no immediate maintenance required
• Management solution already in place: set and forget
• Planning permit for 2-lot subdivision with certified plan: complete the works for a significant equity uplift
• Ideal large block for a future family home, or subdivide and capture the equity
• Generous 817sqm allotment in a quiet Kennington court with future development potential (STCA)
• Two bathrooms, split systems, 4m x 7.5m shed, carport and ample off-street parking
• Close to La Trobe University, schools, shopping and Bendigo CBD
