This well-established share house is currently rented room by room, delivering an impressive return on investment. While it requires a hands-on approach, the rewards are clear with strong cash flow. An ideal opportunity for investors seeking higher yields beyond traditional leasing.
Features include:
• 3 Bedrooms to the main house
• 1 Bathroom to the main house
• Open plan dining & kitchen
• Formal living area
• Rear lane access
• Centrally located, a short distance from the CBD & amentities
• 1x1 Granny flat to the rear complete w/ kitchenette
• 367m2
• Built approx. 1920
INVESTOR INFORMATION
Currently leased room by room 4 seperate tenancies
• Room 1 - $240.00 per week, expiring 01/06/2026
• Room 2 - $240.00 per week, periodic
• Room 3 - $250.00 per week, expiring 19/09/2026
• Granny flat - $350.00 per week, expiring 26/10/2026
• Total income per week $1080.00 All outgoings and utilities are included in the rent Furniture included in the sale
• Council rates - approx. $2000.00 per annum
A summary of all outgoings per annum (approx) can be provided on request.
This property is not available for onsite inspections, viewings are via a video walk through only.
If you are interested in discussing this great opportunity further and wish to view the video walk through, reach out to us today.
**Conjunctionals Welcomed Disclaimer: Whilst every care has been taken in the preparation of this advertisement, accuracy can not be guaranteed. To the best of our knowledge the information listed is true and accurate however may be subject to change without warning at any time and this is often out of our control. Prospective tenants and purchasers should make their own enquiries to satisfy themselves on the pertinent matters. Details herein do not constitute any representation by the owner or the agent and are expressly excluded from any contract.
