An unbeatable investment opportunity, this registered rooming house sits on the doorstep of Holmesglen Institute and presents the savvy purchaser with a rare, high yield portfolio addition currently returning $124,540 per annum with scope to potentially increase rental income to $132,600 per annum.
Configured across a single level layout, the residence hosts nine bedrooms, serviced by two bathrooms, a powder room and laundry. A common living room provides the home's occupants with somewhere to relax, accompanied by a lounge room and separate kitchen for meal preparation.
Furthermore, the home is complemented by a storage room beside the kitchen, an outdoor deck for entertaining plus a tandem 2-car garage.
Representing a winning proposition for the savvy investor, walking distance to Holmesglen Institute, Holmesglen Train Station, Chadstone Shopping Centre, eateries, gym, Gardiners Creek Trail, parkland and buses, while only moments from the Monash Freeway for convenient car travel into the CBD.
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contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs.